BlackRock’s Spot Bitcoin ETF Attracts $1.1B
BlackRock’s Bitcoin exchange-traded fund (ETF) yesterday received over $1 billion in new investments, making it the largest asset manager in the world.
BlackRock’s Bitcoin exchange-traded fund (ETF) yesterday received over $1 billion in new investments, making it the largest asset manager in the world.
On Monday, Bitcoin reached a new record mining difficulty of 101.65 trillion.
Cartwright, a specialist in British pensions, is advising institutional investors to invest some of their assets into Bitcoin.
MicroStrategy has not made any new purchases of the cryptocurrency since mid-September.
Listed spot Bitcoin ETFs in the United States yesterday saw an increase of over $870 million in net inflows, making it the third-highest day for inflows since their launch in January.
Glassnode and Bitwise’s head of research, AndrĂ© Dragosch, reported this week that there are currently 1,678 entities holding at least 1,000 BTC.
Despite rumors of a potential sale or liquidation, electric vehicle company Tesla still appears to hold its entire Bitcoin investment, which is currently valued at $780 million.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
Altcoins Banks Bitcoin Blockchain chain China crypto Cryptocurrency Crypto exchanges Crypto mining Crypto regulations Decentralized Finance Elon Musk ETH Exchange-traded fund Facebook Fintech France Funding GameFi Hackers India Investment Iran Japan Metaverse NFTs North Korea Russia Sanctions South Korea Stablecoins Technologies Tesla The city of Minsk Mazowiecki in Poland Twitter UK Ukraine US