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blackrock bitcoin etf
The term **"BlackRock Bitcoin ETF"** refers to an exchange-traded fund (ETF) created and managed by **BlackRock**, one of the world’s largest asset management firms, that is designed to give investors exposure to **Bitcoin**. Instead of requiring investors to directly buy, store, or manage Bitcoin themselves, the ETF holds or tracks the price of Bitcoin and issues shares that trade on a traditional stock exchange. This allows investors to gain exposure to Bitcoin’s price movements through a regulated financial product.
BlackRock’s Bitcoin ETF Suffers a Record $523 Million Outflow
BlackRock has experienced the largest single-day outflow in the history of its Bitcoin ETF. The iShares Bitcoin Trust, known as IBIT, saw five hundred twenty-three million dollars leave the fund on the eighteenth of November, marking...
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