BlackRock's spot Bitcoin ETF currently manages total assets of $10 billion
BlackRock's spot Bitcoin exchange-traded fund currently manages total assets of $10 billion, but due to the surge in Bitcoin prices, the fund may soon surpass the $20 billion mark. Bloomberg senior ETF analyst Eric Balchunas stated that he wrote on X that reaching the second "$100 billion will be easier because market appreciation has become a larger variable."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node sale
HyperLiquid co-founder: No external fundraising has been conducted, so there are no investor HYPE token unlocks
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level
Data: Ethereum staking rate reaches 28.65%, Lido market share at 24.12%