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The US bitcoin ETF assets have surpassed 100 billion dollars.
As the price of bitcoin continues to hit new highs, approaching the $0.1 million mark, the total assets of the exchange-traded funds (ETFs) directly investing in bitcoin listed on US exchanges have surpassed $100 billion. This milestone was achieved within 10 months of the launch in January this year by the 12 bitcoin ETFs, including products under Blackrock and Fidelity Investments, making it one of the most successful fund categories ever issued. Data shows that as bitcoin reached record highs, they recorded a net inflow of $0.773 billion on Wednesday. On Thursday, bitcoin briefly rose by 3.6% to reach a record high of $97,892 since November 5th.
Bitcoin broke through $97,500 and is heading towards $0.1 million?
On November 21, bitcoin continued to rise, breaking through $97,500 and is now trading at $97,525.79 per coin. The sharp increase in bitcoin price is mainly attributed to a large inflow of funds, with financial giants like Blackrock not only including bitcoin in their balance sheets but also launching bitcoin exchange-traded funds (ETFs). Shortly after the US election, a record $2.6 billion influx of funds was attracted. J.D. Seraphine, CEO of the AI verification platform Raiinmaker based on cryptocurrencies, stated in an interview, "Large financial institutions like Blackrock have already included bitcoin in their assets."
Certain BlackRock Funds Announce Final Results of Tender Offers
Blackrock To Go Ex-Dividend On December 5th, 2024 With 5.1 USD Dividend Per Share
November 20th (Eastern Time) - $Blackrock(BLK.US)$ is trading ex-dividend on December 5th, 2024.Shareholders of record on December 5th, 2024 will receive 5.1 USD dividend per share on December 23rd, 2
BlackRock Canada Announces Final November Cash Distributions for the IShares Premium Money Market ETF
Press Release: BlackRock(R) Canada Announces Estimated 2024 Annual Reinvested Capital Gains Distributions for the IShares(R) ETFs
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