The post BlackRock Buys 12,272 BTC Amid ETF Outflows appeared first on Coinpedia Fintech News
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.