BlackRock Gains Traction With Staggering Bitcoin Inflows, Surpasses $1.3B

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- According to MartyParty, BlackRock has surpassed the $1.3 billion threshold in Bitcoin net inflows.
- BlackRock has acquired more than 33,000 Bitcoins following the Spot Bitcoin ETF approval.
- Bloomberg states BlackRock is the first to surpass the $1 billion threshold.
According to recent reports, the investment firm BlackRock has garnered attention with a staggering inflow of Bitcoins, following the spot Bitcoin ETF. MartyParty, a prominent voice in the blockchain space, recently shared an X post, providing updates on BlackRock’s net inflow of Bitcoins that surpassed $1.3 billion.
According to the tweet shared by MartyParty, BlackRock has acquired about 33,430 Bitcoins worth $1,346,912,907.59 within 10 days of ETF approval. iShares Bitcoin Trust’s updates on the matter revealed that BlackRock’s portfolio consists of nearly 100% Bitcoins and about $67,284.
On January 10, the crypto community witnessed the realization of the U.S. Securities and Exchange Commission’s (SEC) lo…
The post BlackRock Gains Traction With Staggering Bitcoin Inflows, Surpasses $1.3B appeared first on Coin Edition.
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