The price of bitcoin showed an increase at the end of the week, while the volume of assets under the management of BlackRock’s spot bitcoin ETF reached $2 billion. From Friday morning, the bitcoin rate rose by more than 7% and for the first time in a week approached the $43,000 mark. At current prices, the value of 49,952 BTC in BlackRock’s possession is approximately $2 billion, assuming there was no large outflow of funds from the fund on the last trading day.
At current prices, the value of 49,952 BTC in BlackRock’s possession is approximately $2 billion, assuming there was no large outflow of funds from the fund on the last trading day. As a result, BlackRock’s instrument became the first among new similar products to reach this mark. According to data, the volume of assets in Grayscale’s spot bitcoin ETF is around $20 billion, but this is a product that emerged as a result of conversion.
According to data, the volume of assets in Grayscale’s spot bitcoin ETF is around $20 billion, but this is a product that emerged as a result of conversion.
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