3 hours ago

BlackRock Bitcoin ETF Shatters $90B Record: But Can It Hold the Lead?

TLDR BlackRock Bitcoin ETF reached a record $91.06 billion in assets under management. The ETF recorded $58.04 billion in cumulative net inflows as of August 13. IBIT holds 3.72% of the total Bitcoin supply, strengthening its market leadership. The ETF’s share price closed at $69.84 with a 0.57% premium to net asset value. Fidelity’s FBTC [...]

The post BlackRock Bitcoin ETF Shatters $90B Record: But Can It Hold the Lead? appeared first on Blockonomi.

Source: Blockonomi →