1 link tagged with all of: investments + etfs + finance + blackrock + bitcoin
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BlackRock’s bitcoin ETFs have become its top revenue source, nearing $100 billion in allocations. The U.S. spot bitcoin ETF IBIT reached $70 billion in assets in just 341 days and generated around $245 million in annual fees. The firm is betting on continued growth, increasing its stake in IBIT by 14%.
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