BlackRock also said that there isn’t enough room for every U.S. millionaire to accumulate 1 BTC.
The European crypto ETP market remains smaller than the US, but BlackRock's entry could attract institutional investors.
IBIT’s latest daily outflow of $332.6 million surpassed the previous record of $188.7 million set on December 24.
Spot Bitcoin exchange-traded funds in the United States have been hemorrhaging assets over the past few days as institutional investors…
IBIT now has $58.57 billion in assets under management, almost double the $33 billion BlackRock's gold ETF reached in 20…
USDtb has reportedly passed rigorous audits and is backed by custodians like Copper and Coinbase Institutional.
It took IBIT only 228 days to hit 50B in AUM, compared to the previous record holder's 1,329 days.
BlackRock's IBIT had a massive week after the US elections.
Spot Bitcoin exchange-traded funds in the United States have seen their largest inflow day ever.
Fidelity, Ark, Valkyrie, and VanEck joined BlackRock’s record $872 million inflow day, adding smaller contributions to US Bitcoin ETFs.