BlackRock’s Bitcoin ETF Surpasses Its Gold Fund In Net Assets

Quick Summary:

The launch of the spot Bitcoin ETFs (exchange-traded funds) in January 2024 marked a perfect start to the year for the cryptocurrency industry.

These crypto investment products were expected to walk the extra mile for the premier cryptocurrency, drawing in more investors into the digital assets space.

ETF Store President Nate Geraci revealed this in a post on the X platform on Thursday, coinciding with the day IBIT returned to positive inflows with its largest capital influx ever.

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Article Details

Author / Journalist: Opeyemi Sule

Category: Crypto

Markets: Hungary

Topics: Bitcoin Bitcoin ETFs BlackRock Nate Geraci ETF

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-09 @ 21:30:35 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 398 words

Reading Time: 3 minutes read

Sentences: 26 lines

Sentence Length: 16 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 23483820

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

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Headquarters: Hungary

News Last Updated: 10 hours ago

Coverage Areas: Hungary

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