BlackRock buys $1B of Bitcoin over past 20 days as Grayscale bleeds another $255M
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BlackRock accumulated more than $1.08 billion in Bitcoin over the past 20 days, according to Arkham Intelligence data, consolidating its position as one of the corporations with the highest BTC holdings globally. The firm registered purchases in seven trading sessions within the last month of operations with ETFs, which reflects an increase in the number of companies in the ... Read more
🚨 BlackRock purchased $1.08 billion worth of Bitcoin in the last 20 days. 📈 Institutional investors turned to $BTC through BlackRock's IBIT product. 📊 BlackRock's total assets reached 785,900 BTC, approximately $61 billion. 🔄 During the same period, there was a net outflow of $254.7 million from Grayscale Bitcoin Trust. Read More: BlackRock bought $1.08 billion worth of Bitcoin in 20 days The article "BlackRock bought $1.08 billion worth of …
Crypto Briefing
Cryptocurrency News | Cryptocurrency Prices | Market CapBlackRock buys $1B of Bitcoin over past 20 days as Grayscale bleeds another $255M
BlackRock's Bitcoin acquisition highlights shifting power dynamics in crypto markets, influencing institutional control and potential price trends.
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