BlackRock Bitcoin ETF surpasses 50% market share despite 3-day sell-off

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BlackRock's Bitcoin ETF now dominates the market with more than 50% of assets under management, consolidating its position as leader among the ETF issuers in the United States. A dynamic that intervenes while Bitcoin ETFs undergo three consecutive days of withdrawals, testing the resilience of the BTC. The BlackRock article pulverizes competition with +50% of the Bitcoin ETF market has appeared first on Cointribune.

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BlackRock Bitcoin ETF surpasses 50% market share despite 3-day sell-off

BlackRock’s Bitcoin ETF now holds over 50% of the market despite rising outflows, while Bitcoin’s price remains resilient amid industry concerns over price action. Source link The post BlackRock Bitcoin ETF surpasses 50% market share despite 3-day sell-off first appeared on Crypto News Wire.

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BlackRock Bitcoin ETF Dominates with Over 50% Market Share Amidst 3-Day Drop

The recent sell-off in the ETF market has brought attention to BlackRock’s Bitcoin ETF, which now commands a 50% market share. This development underscores the growing interest in cryptocurrency investments among institutional investors. BlackRock’s Bitcoin ETF has seen significant growth in its market share, indicating a shift in investor sentiment towards digital assets. With a 50% market share, this ETF has become a major player in the crypto…