
How BlackRock kept Bitcoin’s price afloat with $2.4bn ETF haul
BlackRock’s IBIT took in $2.4 billion during April. The entire exchange-traded fund market accounted for $3 billion. IBIT has more than 50% share of the ETF market. BlackRock’s Bitcoin ETF isn’t just winning the race — it’s lapping the competition. In April, BlackRock’s IBIT fund hauled $2.45 billion, capturing around 80% of the entire $3 […]