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BlackRock and Fidelity's Bitcoin ETFs have surged in popularity, now ranking among the Top 5 ETFs by total inflows. The two firms collectively hold 372,227 BTC valued at $23.5 billion for their spot Bitcoin ETFs. BlackRock's Head of Digital Assets emphasizes Bitcoin as the top priority for clients, with minimal interest in Ethereum and other cryptocurrencies.
.@BlackRock’s Head of Digital Assets Robert Mitchnick addresses how the asset manager is thinking about other crypto products: “For our clients, Bitcoin is overwhelmingly the number one priority. And then a little bit ethereum, and very little everything else.”… https://t.co/yytnEsVXMi
🚨 Blackrock now owns over 1% of #Bitcoin's total supply for their Spot #Bitcoin ETF
🚨 BlackRock's Head of Digital Assets says “For our clients, #Bitcoin is overwhelmingly the number one priority” 🚀