Bitcoin ETFs: BlackRock and Fidelity’s $28 Billion Bet on the Future

Spot Bitcoin Exchange-Traded Funds (ETFs) from BlackRock and Fidelity, two giants in the asset management world, have accumulated a striking $28 billion in Bitcoin, even as the cryptocurrency’s price has dipped recently. This massive inflow of institutional investment highlights the growing interest in Bitcoin despite its recent volatility. According to data from SoSoValue, BlackRock’s iShares... source: https://coinedition.com/bitcoin-etfs-blackrock-and-fidelitys-28-billion-bet-on-the-future/