BlackRock’s Bitcoin ETF continues to attract strong investor interest. New data shows the fund bought about $147 million worth of Bitcoin. This purchase also marks three straight weeks of money flowing into the ETF.
The fund is called the iShares Bitcoin Trust (IBIT). It allows investors to gain exposure to Bitcoin through the stock market. With this, many large investors prefer using the ETF. Instead of buying crypto directly. The latest purchase adds to the growing role of instituti