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coinpedia 2024-11-14 11:20:07

BlackRock Makes Huge Bet on Bitcoin: $91.6 Million Investment in IBIT ETF

The post BlackRock Makes Huge Bet on Bitcoin: $91.6 Million Investment in IBIT ETF appeared first on Coinpedia Fintech News BlackRock, the world’s biggest asset manager, has just dropped $91.6 million into the iShares Bitcoin Trust ETF (IBIT), buying over 2.5 million shares. This move comes as IBIT experiences a massive surge in popularity, attracting $230 million in just one day and breaking records with $5 billion in daily trading volume. With total assets now …