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Home ยป Bitcoin Prices Reach Record Highs Driven by Bitcoin ETFs
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Bitcoin Prices Reach Record Highs Driven by Bitcoin ETFs

By adminMay. 29, 2024No Comments1 Min Read
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Bitcoin Prices Reach Record Highs Driven by Bitcoin ETFs
Bitcoin Prices Reach Record Highs Driven by Bitcoin ETFs
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BlackRock, the Wall Street titan, has recently made a significant move in the world of cryptocurrency. As per filings submitted to the U.S. Securities and Exchange Commission, two funds under BlackRock’s management have begun investing in a Bitcoin Exchange-Traded Fund (ETF). These funds, known as BlackRock Strategic Income Opportunities and BlackRock Strategic Global Bond, have acquired shares of BlackRock’s own BTC ETF, called IBIT. The purchases made by these funds amount to $3.6 million and $400,000, respectively. Stay updated with the latest developments in the financial and business sectors by visiting COINTURK FINANCE.

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Bitcoin Confronts Federal Reserve Policies and Middle Eastern Conflicts

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