@robert230
🖤BlackRock Increases Influence on Bitcoin ETFs
💰The financial giant will direct from 1% to 2% of its model portfolio of alternative assets ($150 billion) to the iShares Bitcoin Trust ETF (IBIT).
Why is it important?
✔️This opens up a huge flow of institutional capital in IBIT
✔️BlackRock continues to strengthen Bitcoin's position among traditional investors
✔️A new sustainable source of demand for BTC is being created
📈Another step towards the mass adoption of bitcoin in the world of traditional finance!
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