




JUST IN: BlackRock bought shares of its spot #Bitcoin ETF for its Global Allocation Fund 👀 https://t.co/nL5mGmn1ep
Now imagine how much $ETH BlackRock is about to buy https://t.co/0JqytoUC66 https://t.co/LA4jj59lfn
💥BREAKING💥 BlackRock's Global Allocation Fund disclosed owning 43,000 shares of the #Bitcoin ETF https://t.co/rPYNrPsWdE

BlackRock's spot Bitcoin ETF achieved a trading volume of $1.1 billion in a single day. The firm also disclosed buying Bitcoin for its Global Allocation Fund, marking the third internal BlackRock fund to purchase Bitcoin through the IBIT Bitcoin ETF. Additionally, BlackRock's Global Allocation Fund now owns 43,000 shares of the Bitcoin ETF. Despite these positive movements, Bitcoin ETFs have seen continued declines, with GBTC leading the outflow. However, BTC-ETFs saw inflows of approximately $31 million after seven days of outflows, and Bitcoin ETFs experienced two consecutive days of positive inflows.