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✉news BusinessCrypto first seen 1 d ago, last 1 d ago, peak #23

BlackRock ETF clients buy $22.38 million in Bitcoin

Original: BlackRock ETF clients buy $22.38 million worth of Bitcoin

Clients of BlackRock's Bitcoin exchange-traded fund purchased $22.38 million worth of Bitcoin, according to market data reported on TradingView. The figure reflects continued institutional exposure to cryptocurrency through regulated investment vehicles. Inflows of this size into BlackRock's fund are being tracked by investors as a gauge of institutional appetite for Bitcoin.

Why now: Investors track BlackRock ETF flows as a barometer of institutional demand for Bitcoin.

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