BlackRock scores $5 billion of tax-deferred Bitcoin to ETF swaps
Bitcoin
As iShares Bitcoin Trust (IBIT), the largest Bitcoin (BTC) spot exchange-traded fund (ETF) backed by BlackRock Inc. (NYSE: BLK), attracted its highest year-to-date (YTD) weekly cash inflow of $1.33 billion last week; it has since facilitated $5 billion of tax deferred Bitcoin to ETF swaps.
BTC
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