Posted 3/1/2024, 9:10:00 PM
BlackRock's Bitcoin ETF Rakes In Over $1B As Investors Pile Into Surging Crypto
- BlackRock's new spot bitcoin ETF brought in over $1 billion this week as bitcoin nears record highs
- Bitcoin's price surge is attracting more investors hoping to profit
- The SEC's approval of spot bitcoin ETFs is fueling bitcoin's hype cycle
- BlackRock's ETF took in $1.4 billion as of Thursday amid bitcoin's resurgence
- Grayscale Bitcoin Trust lost over $400 million this week as investors shift to lower-fee ETFs
