Skip to content

News / Archive

Update

BlackRock Resumes Bitcoin Purchases

Leading asset management firm BlackRock has resumed its Bitcoin purchases, totaling $151.46 million as of October 28. This comes after Bitcoin recovered from prolonged volatility, now trading above $81,000. The purchase marks the second day of notable net inflow for the Bitcoin fund, which has maintained dominance in the broader Bitcoin ETF market despite recent cautious trading by institutional investors.

More Update