The $70,000 question: Why BlackRock merged Bitcoin with Wall Street

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Blackrock's BTC ETF has expanded its holdings, now totaling 263,937.48 bitcoins valued at approximately $17.88 billion.

price movement has been remarkably unpredictable in recent weeks. After dropping to a low of $65,000, it has bounced back to cross $70,000.

Additionally, referring to the client’s frustration with gaining exposure to Bitcoin due to high fees, risks, and underperformance, Mitchnick highlighted, Emphasizing on establishing a track record and demonstrating success through smaller initiatives before pursuing larger ventures, he further said,Moreover, shedding light on how BlackRock’s dive into crypto merges traditional finance with digital innovation. He noted,

 

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