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BlackRock accelerated cryptocurrency acquisitions this week using its two spot exchange-traded funds (ETFs) As of April 9, the largest fund manager, with more than.
BlackRock accumulated $589.16 million in Bitcoin and Ethereum via its ETFs over four days.
KEY POINTS
- IBIT's net cash inflow surged 2,794% from the previous week to $474.50 million.
- ETHA reversed three weeks of outflows with $114.66 million in net cash added in four days.
- BlackRock now holds $63.55 billion in ETHA and IBIT, making it the largest spot crypto ETF issuer.
- ETHA's $6.75 billion in assets represents 2.53% of Ethereum’s circulating supply.
COMPANIES
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