Bitcoin: BlackRock BTC Holdings Hit $12.3 Billion Amid Record Inflow Surge

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

BlackRock received its highest-ever one-day on-chain inflow in week

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

Bitcoin reached a fresh all-time high of $69,000 on Tuesday, only to drop drastically within minutes. The price fell by more than 10% at one time, dropping to lows of $59,224 on Coinbase, before recovering modestly.Investors have flocked to spot Bitcoin funds since the SEC allowed them in January. This year, the 10 funds have netted $8.9 billion. Excluding Grayscale's spot fund, which existed in a previous fund structure, the newly approved funds have around $26 billion in assets.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BlackRock’s Bitcoin ETF Added a Record 12.6K BTC in Tuesday's CarnageShaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.
Source: CoinDesk - 🏆 291. / 63 Read more »

BlackRock's Bitcoin ETF to Leave Gold in Dust with $10 Billion MilestoneBlackRock's iShares Bitcoin Trust on track to surpass $10 billion in assets
Source: Utoday_en - 🏆 295. / 63 Read more »

BlackRock Plans to Acquire Spot Bitcoin ETPs for Its Global Allocation FundIan Allison is an award-winning senior reporter at CoinDesk. He holds ETH.
Source: CoinDesk - 🏆 291. / 63 Read more »

Bitcoin Weekly Forecast: BTC contemplates an increase to $100,000, but when?Bitcoin (BTC) price shows clear signs of bullishness as it hovers around its new formed all-time high (ATH) of $69,210.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Bitcoin (BTC) Price Hits $60K for the First Time Since November 2021Crypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Bitcoin (BTC) Price Shows Resilience With Strong Accumulation IndicatorsData shows strong accumulation and investor belief in future potential of Bitcoin
Source: Utoday_en - 🏆 295. / 63 Read more »