BlackRock’s Bitcoin Buying Spree Dwarfs ETF Selling in Past 3 Weeks

Quick Summary:

BlackRock manages more than any asset manager in the world and recently added 182 Bitcoin and 2.42K Ethereum to its cryptocurrency position.

Now, all in all, it holds 357k BTC and 350k ETH.

The value of these assets is over $23 billion, and with this, the company positions itself even stronger in the expanding cryptocurrency landscape, pinpointing its commitment to this up-and-coming financial sector.

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Article Details

Author / Journalist: Teuta

Category: Crypto

Markets: IndiaCroatia

Topics: Bitcoin Bitcoin ETF 24/7 Cryptocurrency News Bitcoin News Blackrock Bitcoin ETF

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-27 @ 14:24:19 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 426 words

Reading Time: 3 minutes read

Sentences: 34 lines

Sentence Length: 13 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 22751685

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 29 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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