Bitcoin

Blackrock Bitcoin ETF Sees Interest from 414 Institutional Investors – Analyst Calls IBIT Performance ‘Record-Breaking’

According to filings with the U.S. Securities and Exchange Commission (SEC), the IsHares Bitcoin Trust (IBIT), Blackrock’s spot bitcoin exchange-traded fund (ETF), has gained 414 institutional holders in less than three months. A senior analyst at Bloomberg referred to this accomplishment as “mind-boggling” and “highly rare” for new ETFs. Comparatively, other recently launched ETFs have significantly fewer institutional…

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