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BlackRock Peaks: Record Bitcoin ETF Investments Confirm Confidence in Crypto

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2 hours ago

BlackRock, one of the world's largest investment firms, continues to show impressive performance in the cryptocurrency market. Recently, its investments in Bitcoin ETF have reached record levels, drawing attention from institutional and retail investors.

Massive Surge in Bitcoin ETF Investments

Nate Geraci, President of the ETF Store, noted that over the past three days, BlackRock's iShares Bitcoin ETF has attracted over $760 million. This indicates growing interest from both institutional and retail investors in Bitcoin. Since January 2024, the total amount invested in the ETF has reached $22.5 billion, showing the continued success of this product.

iShares Bitcoin ETF has attracted $760 million over the past three days. Now $22.5 billion since January launch. Continues to attract investments.Nate Geraci

BlackRock's Confidence in Bitcoin's Future

Last week, BlackRock continued to expand its crypto portfolio despite fluctuations in Bitcoin prices. In the first three days of this week, the company recorded positive inflows: $79.5 million on Monday, $288.8 million on Tuesday, and $393.4 million on Wednesday. BlackRock holds over 362,100 BTC, highlighting the firm's confidence in the future of the leading cryptocurrency.

BlackRock continues to lead in the cryptocurrency market with its record investments in the Bitcoin ETF, confirming the company's confidence in Bitcoin's potential and attracting global investors' attention.

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