BlackRock scooped up almost $250 million of these cryptocurrencies on Monday
Market / Price
BlackRock significantly increased its exposure to digital assets on April 6 through its exchange-traded products (ETFs), beginning the week on a strong inflow note. Notably, this comes after the world’s largest investment firm offloaded over $300 million worth of Bitcoin (BTC) and Ethereum (ETH) in the previous week. According to on-chain data, the company cumulatively acquired roughly $243 million worth of cryptocurrencies through its Bitcoin and Ethereum ETF products on Monday. The bulk of the inflows came from Bitcoin, with the firm’s iShares Bitcoin Trust (IBIT) attracting about $181
BTC
ETH
Disclaimer: This content is provided via CryptoPanic and third-party sources. Tothemoon does not create, verify, or endorse this content and makes no guarantees as to its accuracy. The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. It is provided for informational purposes only and is not investment advice.
