The Australian info BlackRock’s brand-new area Bitcoin (BTC) exchange-traded fund (ETF) has currently crossed $10 billion in possessions under management (AUM), according to Eric Balchunas, a senior ETF expert at Bloomberg Intelligence. Balchunas notes the possession management huge’s iShares Bitcoin Trust (IBIT) endedupbeing one of just 52 ETFs out of 3,400 to cross that $10 billion mark. The Bloomberg expert states crossing the veryfirst $10 billion mark is hard for ETFs since so much of the preliminary AUM has to come from streams, however including $10 billion after an ETF has currently exceeded that veryfirst mark is mucheasier since market gratitude endsupbeing a larger variable. Source: Eric Balchunas/X The 10 recently authorized area Bitcoin ETFs experienced $92 million of
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