✉news BusinessCrypto first seen 1 d ago, last 4 h ago, peak #1
BlackRock Says Bitcoin ETFs Have Opened The Floodgates
Original: ‘Opened The Floodgates’—BlackRock Confirms Huge Bitcoin ETF Price Game-Changer
BlackRock has reportedly confirmed that its spot bitcoin ETF has been a game-changer for the cryptocurrency's price, with comments suggesting the products have 'opened the floodgates' to a wave of new institutional investment. The asset manager's endorsement of the funds' market impact is being closely watched by bitcoin traders and crypto investors, who see it as further validation of bitcoin's move into mainstream finance and a possible signal of further price momentum ahead.
Why now: BlackRock's confirmation that its bitcoin ETF is driving significant price activity is major news for crypto investors watching institutional flows.
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