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The analyst also couldn't believe BlackRock's Bitcoin ETF statement: "Mindfulness..."
Bloomberg's ETF analyst Eric Balchunas evaluated the fact that BlackRock has more than 400 Bitcoin spot ETF customers. Balchunas said, "This is mind-blowing..." and added that even 20 customers are important in such new beginnings, and that such a number can be considered one of the rare cases in the sector.
After the Bitcoin spot ETFs were officially approved by the SEC on January 10, BlackRock company's IBIT product received billions of dollars of demand, and the total amount exceeded 16 billion dollars. Eric Balchunas, Bloomberg's ETF analyst, claimed that this situation was very rare.
BlackRock, which officially reported its first quarter figures to the SEC, was seen to have 414 Bitcoin spot ETF customers. Regarding this situation, Balchunas said, “This is truly an event that will cause confusion. They broke the record very easily. For this kind of new products, even 20 customers is very good. "This is a truly rare situation..." he said.
As it is known, companies submit 13F reports to the SEC on a quarterly basis. In this report, the figures for those 3 months are officially announced to the public. This is how details about the companies that bought from BlackRock's spot Bitcoin ETF and how much they bought were revealed. Many banks, from JPMorgan to BNP Paribas, from UBS to Morgan Stanley, also
BlackRock's IBIT fund has received the most investments among Bitcoin spot ETFs so far. Of the 16.6 billion dollar investment, 844 million dollars belonged to Millennium Management company. The company ranks first in this sense. Following him is Schonfeld Strategic Advisors, with $248 million.
