BlackRock's Bitcoin ETF Continues to Buy as BTC Hits New Highs!
BlackRock's Bitcoin ETF, one of the first to launch in the US, added a whopping 12.6k BTC (approximately $778 million) to its holdings on Tuesday, March 5th, 2024. This comes as Bitcoin continues its upward trend, recently reaching a new all-time high.
This significant purchase by BlackRock, the world's largest asset manager, further highlights the growing institutional interest in Bitcoin. Many see this as a positive sign for the future of the cryptocurrency, potentially leading to increased adoption and mainstream acceptance.
What are your thoughts on BlackRock's continued investment in Bitcoin?
