BlackRock Bitcoin ETF Hits $47 Billion on $80 Million in Client Purchases
BlackRock’s Bitcoin exchange-traded fund has expanded to $47 billion in assets following $80 million in client purchases. The fresh capital extends the fund’s growth trajectory and reinforces its position as the largest spot Bitcoin investment vehicle by net asset value.
The latest inflow follows comments from chief executive Larry Fink, who stated that Bitcoin remains “very bullish” over the next 12 months. The fund tracks the underlying asset directly, with market participants monitoring daily trading volumes and management fees for demand signals.
From the sources (6 posts)
@bitcoinnewsJUST IN: ⛰️ BlackRock CEO Larry Fink said he's "very bullish on the markets over the next 12 months," noting #Bitcoin's leverage has washed out and stability has improved at current levels. 🎙️ "The technological revolution is going to powe
@bitcoinmagazineJUST IN: $15 trillion BlackRock CEO tells CNBC that Bitcoin has "more stability at these levels" and is "very bullish on the market over the next 12 months" 🚀
@tftc21BlackRock CEO Larry Fink tells CNBC: Bitcoin now has "more stability at these levels" and he's "very bullish on the market over the next 12 months."
@kalshiJUST IN: BlackRock CEO says Bitcoin is “very bullish” over next 12 months
@kalshiJUST IN: BlackRock clients buy $80 million worth of Bitcoin
@kalshiJUST IN: BlackRock now holds $47 billion worth of Bitcoin in their ETF