BlackRock Bitcoin ETF Outshines 13,227 Global Rivals With $2.2 Bln Inflow

Quick Summary:

Investment asset management firm BlackRock has its Bitcoin ETF sidelining all of its rivals.With an inflow of $2.2 billion this past week, the ETF has successfully outranked 13,227 counterparts all over the world.

These past few days, Bitcoin (BTC) has signaled a notable rebound, especially with its price reaching as high as $73,300 recently.

Considering that the Bitcoin ETF is barely nine months old, this feat is considered a major milestone for the asset manager.

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Article Details

Author / Journalist: Godfrey Benjamin

Category: Crypto

Markets: IndiaUnited States

Topics: Blackrock Bitcoin ETF 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-31 @ 21:41:51 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 465 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23355281

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 25 posts per day

Year Established: 2017

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News Last Updated: 8 hours ago

Coverage Areas: India

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