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Head of BlackRock ETF: 75% of Bitcoin buyers are new cryptocurrency enthusiasts from Wall Street

Head of BlackRock ETF: 75% of Bitcoin buyers are new cryptocurrency enthusiasts from Wall Street

Bitget2024/10/20 10:02
BTC+0.43%

PANews reported on October 20th, according to CNBC, that in the past five trading days, the net inflow of funds into spot Bitcoin ETFs exceeded $2.1 billion, half of which was accounted for by BlackRock. The Chief Investment Officer of BlackRock's ETF and Index Investments stated that among the 80% direct investors who purchased IBIT, 75% had never held iShare before. In addition, a16z found in its recently released cryptocurrency status report that over 40 million Americans hold cryptocurrencies.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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