BlackRock’s Bitcoin (BTC) exchange-traded fund (ETF) has achieved a significant milestone by surpassing $2 billion in assets under management (AUM) just two weeks after its launch on the Nasdaq. The ETF, known as the iShares Bitcoin Trust (IBIT), has seen its market capitalization reach $2.11 billion due to Bitcoin’s recent price performance. Bitcoin’s price broke […] The post BlackRock’s IBIT ETF Soars: Surpasses $2 Billion Market Cap in Crypto Milestone appeared first on Cryptonews.
BlackRock's IBIT ETF Soars: Surpasses $2 Billion Market Cap in Crypto Milestone
Crypto News - 27 Jan 2024 20:00
BlackRock’s Bitcoin (BTC) exchange-traded fund (ETF) has achieved a significant milestone by surpassing $2 billion in assets under management (AUM) just two weeks after its launch on the Nasdaq. The ETF, known as the iShares Bitcoin Trust (IBIT), has seen its market capitalization reach $2.11 billion due to Bitcoin’s recent price performance. Bitcoin’s price broke […] The post BlackRock’s IBIT ETF Soars: Surpasses $2 Billion Market Cap in Crypto Milestone appeared first on Cryptonews.
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