BlackRock Bitcoin ETF Capitalizes, Adds 12.6K BTC in Tuesday’s Tumble

BlackRock Bitcoin ETF surpasses $12B in assets, trailing MicroStrategy closely in BTC holdings amidst market fluctuations and new highs.

STORY HIGHLIGHTS

The BlackRock iShares Bitcoin ETF (IBIT) acquired a record 12,600 BTC worth over $778 million in a single day.

Bitcoin's price briefly hit a new all-time high of $69,000 before plunging over 10%.