Blackrock’s Bitcoin ETF Attracts Diverse Investors, Secures 25,067 BTC in Holdings 

Blackrock’s Bitcoin ETF Attracts Diverse Investors, Secures 25,067 BTC in Holdings 

In a recent interview, Rachel Aguirre, the head of product for Blackrock’s Ishares U.S., delved into the substantial inflows witnessed by the firm’s new spot bitcoin exchange-traded fund (ETF), known as IBIT. Aguirre highlighted that the IBIT ETF has attracted a diverse group, including “retail, self-directed investors, and some who were ready to invest day one.”
Blackrock’s Bitcoin ETF IBIT Ranks as Second Largest U.S. Spot Bitcoin ETF
The launch of new spot bitcoin exchange-traded funds (ETFs) has been a significant event, amassing an impressive $11.82 billion in trading volume over just four days. Standing out in this burgeoning field, alongside Grayscale’s GBTC, is Blackrock’s IBIT. This fund has emerged as a prominent player in terms of both trading volume and the amount of bitcoin (BTC) it holds. In its initial four days on the market, IBIT has already recorded a trading volume of $1.28 billion, representing 10.82% of the total volume across all funds.
In a recent d

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