🇺🇸 Blackrock's Bitcoin Spot ETF is holding 250,667 $BTC for a notional value of 17.3 Billion USD! 🥳👀📈 $IBIT started trading 11th Jan 2024! 🫡🚀
BlackRock Clients have ~10 Trillion USD in Blackrock! 17.3 Billion is a drop in the ocean. Spot ETF is in its infant stage.
Largest Asset managers in the world have a combined AUM of 500 Trillion USD. Blackrock recommends institutional clients to hold 28% allocation in Bitcoin
Enough said! We are at the infant stage of the Liquidity injection phase into Bitcoin!
Crypto is hot right now for institutions. The plebs FOMO will come in Q4 2024!
