Yes

>>BlackRock invested more than $4 billion in these two cryptocurrencies this week.

BlackRock invested more than $4 billion in these two cryptocurrencies this week.

crypthub

1 day ago

ETF Inflows Surge

Bitcoin and Ethereum ETFs experienced substantial inflows on Thursday, October 9th, indicating strong investor interest. BlackRock led the inflows, attracting significant amounts of both BTC and ETH. Grayscale was the only ETF to report outflows among the ten Bitcoin ETFs. This marks the ninth consecutive day of inflows for Bitcoin ETFs.

BlackRock's Dominance

BlackRock continues to dominate the market, demonstrating the fastest growth rate for any ETF in history. The iShares Bitcoin Trust (IBIT) is currently leading the weekly inflows. The asset manager holds a substantial amount of BTC and ETH, valued at billions of dollars.

Daily Performance and Holdings

On Tuesday, October 10, IBIT added significant amounts of BTC and ETH in a single day. BlackRock's positive net change this week includes a substantial amount of BTC and ETH. Currently, BTC is trading at $121,530 and ETH is at $4,339.