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BTC Big Crash Soon💥
BTC is ready for crash below 55k.
It may create deep support at 52k-50k.
Short entry (30x-50x) at 61k
Tp- 55k-50k
#blockrock #BTCDumpingByUS
BTC Big Crash Soon💥
BTC is ready for crash below 55k.
It may create deep support at 52k-50k.
Short entry (30x-50x) at 61k
Tp- 55k-50k
#blockrock #BTCDumpingByUS
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BlackRock's iShares Bitcoin Trust (IBIT) has achieved a milestone with the value of assets under management exceeding $20 billion, just six months after launching this fund.
Nate Geraci, Head of ETF Products, noted that the recent influx of investments reflects clear interest from investors and financial institutions.
On July 16, the fund recorded new inflows of $260 million, while the Fidelity Wise Origin Bitcoin Fund (FBTC) was a distant second, with inflows of $61 million.
Overall, spot Bitcoin ETF products saw inflows exceeding $422 million on Thursday, while the price of the leading cryptocurrency regained the $66,000 level.
The remarkable success of the “BlackRock” fund:
BlackRock's Bitcoin ETF was launched last January in conjunction with other competing products, and quickly achieved great success, joining the club of ETFs whose value exceeded $10 billion in just seven weeks, breaking the record it had previously held. GDL Fund.
Larry Fink, CEO of BlackRock, recently expressed optimism about Bitcoin, citing its potential role in investment portfolios due to its properties as a diversified asset and offering an effective hedge.
The business giant has repeatedly described Bitcoin as “digital gold.”
#blockrock
Nate Geraci, Head of ETF Products, noted that the recent influx of investments reflects clear interest from investors and financial institutions.
On July 16, the fund recorded new inflows of $260 million, while the Fidelity Wise Origin Bitcoin Fund (FBTC) was a distant second, with inflows of $61 million.
Overall, spot Bitcoin ETF products saw inflows exceeding $422 million on Thursday, while the price of the leading cryptocurrency regained the $66,000 level.
The remarkable success of the “BlackRock” fund:
BlackRock's Bitcoin ETF was launched last January in conjunction with other competing products, and quickly achieved great success, joining the club of ETFs whose value exceeded $10 billion in just seven weeks, breaking the record it had previously held. GDL Fund.
Larry Fink, CEO of BlackRock, recently expressed optimism about Bitcoin, citing its potential role in investment portfolios due to its properties as a diversified asset and offering an effective hedge.
The business giant has repeatedly described Bitcoin as “digital gold.”
#blockrock