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rajatsonifinance / RajatSoniFinance
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2024-03-25 15:53:52

rajatsonifinance on Nostr: Blackrock's Bitcoin ETF now holds 243,126 BTC, up 297 from Thursday. This is the ...

Blackrock's Bitcoin ETF now holds 243,126 BTC, up 297 from Thursday.

This is the smallest purchase made since the inception of the ETF. I think this is temporary and buying pressure from IBIT customers will resume soon enough.

900 BTC are issued per day. In April this will drop to 450.

Blackrock clients bought 33% of the amount of BTC that was produced.
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