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BlackRock Deploys Over $1B in BTC and ETH Through Spot ETFs This Week

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Source: Finbold
BlackRock Deploys Over $1B in BTC and ETH Through Spot ETFs This Week
Photo: Finbold
TL;DR

BlackRock ramped up its crypto exposure, adding about $1.04B to Bitcoin via the iShares Bitcoin Trust and roughly $219M to Ethereum via the iShares Ethereum Trust from Jan 12–16, pushing weekly crypto ETF inflows to around $1.25B and helping Bitcoin hover near $95,000 while Ethereum stays above $3,000.

Topics:businessmarkets#bitcoin#blackrock#etfs#ethereum#markets#spot-etfs
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  1. BlackRock scooped up over $1 billion of these cryptocurrencies in a week  Finbold
  2. What’s Driving The $1.42 Billion Comeback In Spot Bitcoin ETFs?  TradingView — Track All Markets
  3. Bitcoin ETF Inflows Hit $1.4 Billion as Market Flashes Buy Signal  BeInCrypto
  4. Large bitcoin investors are increasingly piling into bullish bets and cutting short positions  CoinDesk
  5. Bitcoin Dip, ETF Pop: ProShares’ BITO Pulls in Fresh Cash Despite Price Slump  TipRanks

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