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CoinGape
2024-03-06 22:16:16

BlackRock Bitcoin ETF Capitalizes, Adds 12.6K BTC in Tuesday’s Tumble

BlackRock Bitcoin ETF Capitalizes, Adds 12.6K BTC in Tuesday’s Tumble

The BlackRock iShares Bitcoin ETF (IBIT) witnessed an unprecedented accumulation of Bitcoin (BTC) on Tuesday, securing over $778 million worth of the cryptocurrency. This substantial acquisition consisted of 12,600 BTC, setting a new record for daily acquisitions by the fund, which previously peaked at around 10,000 Bitcoin. The transaction occurred amidst a volatile market session, The post BlackRock Bitcoin ETF Capitalizes, Adds 12.6K BTC in Tuesday’s Tumble appeared first on CoinGape .

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