BlackRock does not earn from cryptocurrency at all; they receive a commission for buying and selling ETFs, say 1%, and another 1% per year for fund management. Yes, if Bitcoin rises, then the demand for ETFs also increases.
Prometheus
Dec 28, 2024
BlackRock and MicroStrategy now own a combined 1,000,000 BTC.
Stop selling them your bitcoins 🫣
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.
Official Account of @Binance Angel Program. Join a selected group of international volunteers who are passionate about Binance, and help make the difference!