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Learning & News => News related to Crypto => Topic started by: sirty143 on February 16, 2024, 07:26:35 AM

Title: Blackrock’s Bitcoin ETF Holdings Near 110K BTC
Post by: sirty143 on February 16, 2024, 07:26:35 AM
Blackrock’s Bitcoin ETF Holdings Near 110K BTC

Blackrock has amassed nearly 110,000 bitcoins for its spot bitcoin exchange-traded fund (ETF), Ishares Bitcoin Trust (IBIT), since its launch about a month ago. The world’s largest asset manager’s bitcoin ETF has a total... See more for yourself here (https://news.bitcoin.com/blackrocks-bitcoin-etf-holdings-near-110k-btc/).

Your opinion is greatly appreciated.


Title: Re: Blackrock’s Bitcoin ETF Holdings Near 110K BTC
Post by: Aanuoluwatofunmi on February 16, 2024, 05:59:44 PM
Quote from: sirty143 on February 16, 2024, 07:26:35 AM
Blackrock’s Bitcoin ETF Holdings Near 110K BTC

Blackrock has amassed nearly 110,000 bitcoins for its spot bitcoin exchange-traded fund (ETF), Ishares Bitcoin Trust (IBIT), since its launch about a month ago. The world’s largest asset manager’s bitcoin ETF has a total... See more for yourself here (https://news.bitcoin.com/blackrocks-bitcoin-etf-holdings-near-110k-btc/).

Your opinion is greatly appreciated.

I hope by now, BlackRock will forever be grateful upon its approval on bitcoin spot ETF since its marking its first time all high with the market after approval, their client will also want to do more in making business with them, this talks more about them than even bitcoin involved, they are making more and lots of profits in their business as this alone stands a strategy to make more clients for them to gain more higher recognition than the one they already have.
Title: Re: Blackrock’s Bitcoin ETF Holdings Near 110K BTC
Post by: Z-tight on February 16, 2024, 07:47:34 PM
Quote
Blackrock CEO Larry Fink has stated that he is now a big bitcoin believer.
The quote above was taken from the article shared by op, it says blackrock's CEO now believes in BTC, i know it is not the first time seeing people who didn't believe or trust BTC, change their minds and believe in BTC once they get to use it and understand it. The spot etf market is getting bigger and bigger and this is going to have a positive effect on the price of BTC.

It is worth mentioning that whatever anyone thinks about BTC spot etf's, we must not forget that not your keys, not your coins, and it is not the best way to buy and hold BTC.