🔥 BlackRock Opens Up The Wallet:
BlackRock made a big purchase on Monday, buying nearly $1B worth of Bitcoin for its clients.
The investment firm runs the IBIT Bitcoin ETF, currently the largest #Bitcoin fund in the world.
🎯 Monday was the second-biggest day ever for BlackRock's Bitcoin #ETF , with $970 million in inflows. The largest day was November 7, days after the 2024 election.
Why it matters:
According to experts, strong demand for BlackRock's Bitcoin ETF is helping push up the price of Bitcoin.