Hi HODLers, Hiveans and Lions,
Only a few days after Bitcoin ETFs being launched, Blackrock reached $2bn in AUM! The ticker is $IBIT.
This is quite impressive!
Investors added about $170 million to IBIT on Thursday, with the fund purchasing nearly another 4,300 bitcoin (BTC), pushing total tokens held to 49,952
The 2nd ETF which could reach $2bn AUM is Fidelity's Wise Origin Bitcoin Fund (FBTC), which held close to 44,000 bitcoin as of Jan. 25.
This now seems so normal but I cannot even imagine how much money will flow into these ETFs and therefore into $BTC market Buys in the future!
This is incredible! I cannot believe how far we got!
Stay safe out there,