Text

BlackRock Now Holds $60 Billion In Bitcoin!

CoinPedia2025-01-24 16:34:14

Collect

BlackRock’s Bitcoin ETF Hits $50B: What This Means for Bitcoin’s Future

The post BlackRock Now Holds $60 Billion In Bitcoin! appeared first on Coinpedia Fintech News

BlackRock now holds $60 billion in Bitcoin (BTC) through its iShares Bitcoin Trust (IBIT), with 574,118.84380 BTC on the ETF’s balance sheet. Recent data reveals that Bitcoin ETFs received $188.7 million in inflows, with BlackRock capturing $154.6 million, accounting for 81% of the total net inflows. BlackRock’s strong Bitcoin accumulation has positioned it as one of the largest institutional holders of the cryptocurrency, surpassing even MicroStrategy’s well-known holdings. Larry Fink, CEO of BlackRock, has sparked discussions about Bitcoin’s potential, suggesting a price target of $700,000 if more institutions adopt it.

Disclaimer: The copyright of this article belongs to the original author and does not represent MyToken(www.mytokencap.com)Opinions and positions; please contact us if you have questions about content

About MyToken:https://www.mytokencap.com/aboutusLink to this article:https://www.mytokencap.com/news/481672.html

Previous:比特币重回10万美元，总统支持加密，但大家为什么不开心？

Next:動區週報》川普發迷因幣風暴、日央行升息、美國比特幣戰略儲備風聲…

“Strategy” the New Name of MicroStrategy with Bitcoin and AI Focus

The post “Strategy” the New Name of MicroStrategy with Bitcoin and AI Focus appeared first on Coinpe...

BlackRock to Launch Bitcoin ETP in Europe: Bloomberg

The post BlackRock to Launch Bitcoin ETP in Europe: Bloomberg appeared first on Coinpedia Fintech Ne...

Ethereum Price to Skyrocket? $402 Million Worth ETH Outflow

The post Ethereum Price to Skyrocket? $402 Million Worth ETH Outflow appeared first on Coinpedia Fin...