BNP Paribas, the second-largest bank in Europe, has recently disclosed its investment in BlackRock's Bitcoin ETF, marking a significant move in the financial sector's engagement with cryptocurrency. The bank's exposure to Bitcoin was revealed through 13F filings with the SEC. This development coincides with a notable trend in the cryptocurrency market, where major US Bitcoin ETFs, including BlackRock's IBIT, experienced substantial net outflows. Specifically, the total net outflow for Bitcoin spot ETFs on May 2nd was $564 million, with BlackRock's IBIT ETF recording its first net outflow of $36.93 million.
NEW: BlackRock's #Bitcoin ETF $IBIT ends 77-day streak with 💵 $36.9M outflow, while 🇺🇸 US #Bitcoin ETFs see biggest daily outflow since launch at $563.7M. https://t.co/VoWgAiLChT
$IBIT Important. #BlackRock sees #SWFs, #Pensions coming to $BTC #ETFs. Has been talking to these investors about #Bitcoin for “years”. https://t.co/gJPnzOmT1o
JUST IN: 🇪🇺 Europe's second-biggest bank BNP Paribas bought BlackRock spot #Bitcoin ETF shares. https://t.co/Am9JV83MeM
It has begun .... $BTC https://t.co/lCxVIhoPUc
🚨BREAKING🚨 EUROPE’S SECOND LARGEST BANK, BNP PARIBAS, PURCHASED BLACKROCK SPOT ETF BULLISH MOVE FROM EUROPE🚀
🚨 JUST IN: BNP PARIBAS, EUROPE’S SECOND LARGEST BANK, PURCHASES SHARES IN BLACKROCK'S SPOT #BITCOIN ETF
UPDATE: BNP Paribas buys @BlackRock #Bitcoin ETF $IBIT. • Europe’s second largest bank. • additional global banks will be announced. • several sovereign wealth funds to be announced as well. Don’t fade the Fink.
JUST IN: 🇪🇺 Europe's second-largest bank, BNP Paribas, buys BlackRock spot #Bitcoin ETF shares.
❖ SECOND-LARGEST EUROPEAN BANK BNP PARIBAS BOUGHT BLACKROCK BITCOIN ETF SHARES: SEC FILING The second-largest bank in Europe by assets, BNP Paribas has allocated a comparitively miniscule portion of its investment portfolio to IBIT. Nevertheless, it marks one of the first…
Second-Largest European Bank BNP Paribas Bought BlackRock Bitcoin ETF Shares: SEC Filing ► https://t.co/lqm2o21V5W https://t.co/lqm2o21V5W
❖ SECOND-LARGEST EUROPEAN BANK BNP PARIBAS BOUGHT BLACKROCK BITCOIN ETF SHARES: SEC FILING
NEW: Second largest 🇪🇺 European bank BNP Paribas reports #Bitcoin exposure via US #Bitcoin spot ETF in 🇺🇸 SEC filing. https://t.co/xuwySVj442
💸 Latest data shows US Spot #Bitcoin ETFs with a total net inflow of $11.22B. On 1 May, the ETFs saw its largest daily net outflow of $564M since launch. Blackrock’s IBIT also saw its first day of net outflow. https://t.co/psF4z0M9pL
💥BREAKING💥 BNP Paribas reports exposure to #Bitcoin ETF It is the second largest bank in Europe
JUST IN: 🇫🇷 Second largest European bank, BNP Paribas reports exposure to #Bitcoin ETF in 13F filings. It's just getting started 🚀 https://t.co/4zi1EkAc07
JUST IN: 🇫🇷 Second largest European bank, BNP Paribas reports exposure to #Bitcoin ETF 13F filings. It's just getting started 🚀 https://t.co/lfOuZp73dB
US #Bitcoin ETFs had a net outflow of -$563.7 million yesterday BlackRock’s $BTC ETF had an outflow for the first time in its history ($36.9M) Harsh numbers 📉
🚨BREAKING: BlackRock ETF IBIT had its first net outflow Since the launch of #Bitcoin ETF, with $36.93 million.The Total Net outflow for Bitcoin spot ETF on May 2nd reached $564M https://t.co/qjpOI4y74q
According to SoSoValue, yesterday's Bitcoin spot ETF had a total net outflow of $564 million, a record high. Grayscale GBTC had a single-day outflow of $167 million, and BlackRock ETF IBIT had its first net outflow, with $36.93 million. The Fidelity ETF FBTC had the largest… https://t.co/jFaWU7q5de
Bitcoin ETF Inflow/Outflow (1st May) Net ETF outflow: -511.7 million, without Blackrock (IBIT) figures reported yet. Starting to see panic selling from ETF buyers. https://t.co/inYOd9DmMy
JUST IN: 13F Filings reveal 🇫🇷 Bank BNP Paribas ($600B AUM) has exposure to #Bitcoin via Blackrock's ETF This is the second largest bank in Europe!
💸 Latest data shows US Spot #Bitcoin ETFs with a total net inflow of $11.95B and daily net outflow of $52M on 29 April. Blackrock’s IBIT saw zero inflow for four consecutive days. https://t.co/h4vV9SkkhM
According to SoSoValue, the total net outflow of Bitcoin spot ETF yesterday, April 29, was $51.5316 million. GrayscaleETF GBTC had a single-day net outflow of $24.6607 million. ARKB had a single-day net outflow of $31.34 million, surpassing GBTC. The BlackRock ETF IBIT has had… https://t.co/RAgU7Al9m3