Sam 22 February 2025 ▪
3
min at reading ▪
Bitcoin Blackrock ETF now dominates the market with more than 50 % of administrative assets and strengthens its place as a leader among ETF issuers in the United States. The dynamics that occur, while the Bitcoin ETF suffers from three consecutive days of selection, tests the resistance of BTC.
Blackrock crushes the competition and dominates the Bitcoin ETF market by +50 %
According to data, Blackrock currently has more than $ 56.8 billion, which represents 50.4 % of assets in all US ETF issues whose total outstanding outstanding $ 112 billion. This milestone achieved a little more than a year after the first Bitcoin Bitcoin’s first Bitcoin in the United States on January 11, 2024.
However, Bitcoin ETFs go through the outgoing time of the flow. According to Farside Investors, these funds recorded the third one on a net trip of 20 February 2025 with a net sale of $ 364 million. Blackrock Ishares Bitcoin Trust ETF (IBT) contributed to these collections of $ 112 million.
Increasing influence on the market
This trend is part of the context of uncertainty for the crypto market. Because, despite these capital stores, the price of bitcoins remains resistant, oscillates around $ 98,000. Indeed, this price stability suggests that the sale of ETF does not yet weigh the total BTC market, which is still influenced by other macroeconomic factors and interest of institutional investors.
Speaking of institutions, the head of the Czech National Bank, he emphasizes that Bitcoin should not be afraid but studied. In a recent trip, he emphasizes that the queen of the crypt is an interesting property that deserves in -depth analysis rather than systematic mistrust. This position reflects the growing opening of financial institutions towards BTC.
The dazzling output of Bitcoin Blackrock ETF therefore illustrates the growing taste of traditional investors for cryptocurrencies through regulated financial products. By becoming a head of the sector with more than half of the excellent lead, Blackroc strengthens its key role in the institutional acceptance of BTC.
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The world is evolving and adaptation is the best weapon that survives in this undulating universe. I am interested in everything about blockchain and its derivatives. To share my experience and promote an area that fascinates me, nothing better than writing informative and relaxed articles simultaneously.
Renunciation
The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.