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BlackRock sells one billion dollars of Bitcoin through its IBIT fund

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Comic-style illustration of a financier opening a valve that releases a torrent of orange Bitcoins into a trading room.

BlackRock sold 1.01 billion dollars worth of bitcoin via IBIT in five sessions, but this move does not necessarily mean that the American giant is turning its back on BTC. It mainly reveals a wave of buybacks by investors in its spot ETF, at a time when former remarks by Larry Fink on cryptos are resurfacing and clouding the market reading.

L’article BlackRock sells one billion dollars of Bitcoin through its IBIT fund est apparu en premier sur Cointribune.

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