BlackRock's spot Bitcoin ETF achieved a trading volume of $1.1 billion in a single day. The firm also disclosed buying Bitcoin for its Global Allocation Fund, marking the third internal BlackRock fund to purchase Bitcoin through the IBIT Bitcoin ETF. Additionally, BlackRock's Global Allocation Fund now owns 43,000 shares of the Bitcoin ETF. Despite these positive movements, Bitcoin ETFs have seen continued declines, with GBTC leading the outflow. However, BTC-ETFs saw inflows of approximately $31 million after seven days of outflows, and Bitcoin ETFs experienced two consecutive days of positive inflows.
JUST IN: BlackRock bought shares of its spot #Bitcoin ETF for its Global Allocation Fund 👀 https://t.co/nL5mGmn1ep
Now imagine how much $ETH BlackRock is about to buy https://t.co/0JqytoUC66 https://t.co/LA4jj59lfn
💥BREAKING💥 BlackRock's Global Allocation Fund disclosed owning 43,000 shares of the #Bitcoin ETF https://t.co/rPYNrPsWdE
Block's investment in Bitcoin allows the firm to learn more about what could be a “potentially transformative” technology, according to one of its top executives. https://t.co/jcB8HVQ0U5
BREAKING: BlackRock bought #Bitcoin for its Global Allocation Fund - SEC filing. This is the THIRD internal BlackRock fund that has bought #Bitcoin through the $IBIT Bitcoin ETF BlackRock Bitcoin allocations: - Strategic Global Bond Fund - Strategic Income Opportunities… https://t.co/YFo9ZbzCiS
JUST IN: BlackRock disclosed buying #Bitcoin for its Global Allocation Fund in latest SEC filing. This is the THIRD internal BlackRock fund that has bought #Bitcoin through the $IBIT Bitcoin ETF 🫡 @MacroScope17 https://t.co/geTQ01T70P
Firm with big bags of eth investment, Dragonfly Capital, says solana is mean and poopie but eth etf is miracle baby https://t.co/xxayBor8KM
INSIGHTS 📈 #Bitcoin ETFs experience 2 consecutive positive inflow days via @jvs_btc https://t.co/pbAyF9Em2Q
BlackRock’s #Bitcoin ETF is the only ETF on the planet to have ever experienced one outflow
BTC-ETFs saw inflows of ~$31M after 7 days of outflows https://t.co/apHf2t0PJ2 https://t.co/DW9oTChI1j
GBTC Leads Outflow as #Bitcoin ETFs See Continued Decline https://t.co/JDA6dQBNRz
JUST IN: BlackRock's spot #Bitcoin ETF did $1.1 billion in trading volume today 👀 https://t.co/WRNSsIvdAY