BlackRock holds over 3% of the total Bitcoin (BTC) supply through ETFs

Source
JH Kim

Summary

  • BlackRock reportedly holds more than 3% of the total Bitcoin (BTC) supply through its ETFs.
  • According to analysis platform Unfolded, this figure is interpreted as an important indicator for investors.
  • BTC is reported to be trading at $103,933.34, down 0.53% from the previous day on the Binance Tether (USDT) market.

According to the cryptocurrency analysis platform Unfolded on the 19th (local time), BlackRock currently holds more than 3% of the total Bitcoin (BTC) supply through its exchange-traded funds (ETFs).

Meanwhile, as of 05:13 on the 20th, BTC is trading at $103,933.34, down 0.53% from the previous day on the Binance Tether (USDT) market.

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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