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

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


CoinGape
2024-03-06 22:16:16

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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