FRNT Financial’s Post

Yesterday, BlackRock's bitcoin ETF IBIT reached just under USD 10B in total assets. There are now four ETFs holding more than USD 2B worth of bitcoin and yesterday saw a new record for inflows into the 'new nine.' Despite these stellar performance stats, as FRNT CEO Stéphane Ouellette explained to Bloomberg, the ETFs are not yet fully available across trading platforms and investment advisers: "Some estimates suggest that less than 20% of investment advisers have been approved by their firms to put their clients into the product. That is a process that’s likely to play out over the course of a year.” https://lnkd.in/gmPdTb7p

Crypto Mania Drives Record $520 Million Into BlackRock Bitcoin ETF in a Single Day

Crypto Mania Drives Record $520 Million Into BlackRock Bitcoin ETF in a Single Day

bloomberg.com

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