The Daily Hodl
2024-03-02 12:45:58

BlackRock’s New Spot Bitcoin ETF Crosses $10,000,000,000 in Assets Under Management: Bloomberg Analyst

BlackRock’s new spot Bitcoin (BTC) exchange-traded fund (ETF) has already crossed $10 billion in assets under management (AUM), according to Eric Balchunas, a senior ETF analyst at Bloomberg Intelligence. Balchunas notes the asset management giant’s iShares Bitcoin Trust (IBIT) became one of only 52 ETFs out of 3,400 to cross that $10 billion mark. The The post BlackRock’s New Spot Bitcoin ETF Crosses $10,000,000,000 in Assets Under Management: Bloomberg Analyst appeared first on The Daily Hodl .

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