BlackRock Buys 12,272 BTC Amid ETF Outflows

1 month ago 19
BlackRock BTC

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In the past 16 days, BlackRock, the leading Spot Vigcoon ETF issuer, has bought 12,272 BTC worth $742M. This brings the total holdings to 369,822 BTC worth $22.4B. The smart move to buy Bitcoin under $60k spanned between August 27 and September 24. On October 10, Bitcoin ETFs saw net outflows of 983 BTC worth $59.62M, with ARK21Shares losing 729 BTC worth $44.2M, now holding 46,775 BTC worth $2.84B.  Ethereum ETFs recorded a net outflow of 253 ETH, led by Grayscale (ETHE) shedding 112 ETH, maintaining 1.64M ETH worth $3.89B.

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