Blackrock Spot Bitcoin ETF’s Holdings Soar Past 252K BTC — CEO Says He’s ‘Pleasantly Surprised’ by Retail Demand

by CryptoExpert

March 30, 2024

in Finance

Blackrock Spot Bitcoin ETF’s Holdings Soar Past 252K BTC — CEO Says He’s ‘Pleasantly Surprised’ by Retail Demand

Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has significantly increased its bitcoin holdings, which have now surpassed 252,011 BTC, representing an approximate notional value of $18 billion. This substantial increase reflects a stronger-than-anticipated influx of retail investor demand, exceeding even the CEO’s initial expectations. Blackrock CEO Larry Fink: ‘I’m Pleasantly Surprised’ […]

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Pi Network Price Crashes 96% as Analyst Calls It a ‘Dead Project’

Bluechip Crypto Assets Move Together as $1.71 Trillion Market Tests Recovery

LAB Price Explodes 150% As Short Sellers Get Steamrolled

Tags: Bitcoin

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