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BlackRock Loads Up on Bitcoin, Files For Premium ETF to Increase BTC Yield

BlackRock has purchased $77 million for its BTC holdings through its flagship iShares Bitcoin Trust (IBIT). This comes as they also filed for a Premium ETF designed to deliver yield alongside price exposure. BlackRock Steps Up BTC Accumulation Despite Downturn SoSoValue data confirms that BlackRock recently purchased 703.7 BTC, worth $79 million, through its IBIT

The post BlackRock Loads Up on Bitcoin, Files For Premium ETF to Increase BTC Yield appeared first on CoinGape.

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