BlackRock Bought 6500 BTC

BlackRock, which has the largest spot Bitcoin ETF, bought 6500 BTC

While Bitcoin dropped below $39,000 at noon today and sharpened its decline, a significant purchase came from BlackRock. The number on the company's website, which had 33,400 BTC in its possession yesterday, has exceeded 39,600 as of today.


BlackRock, which has been the company that has received the most ETF investments together with Fidelity, continues to buy Bitcoin in line with new demands from its customers. The latest figures show that the company bought 6495 more Bitcoins today.

According to the new update, the number of Bitcoins in BlackRock's iShares fund increased to 39 thousand 925. This figure was 33 thousand 431 yesterday. The company bought 4808 BTC yesterday.

Bitcoin continues to fall
Despite the investments made by BlackRock, the leader in BTC ETFs, and Fidelity, which ranks second, the sharp decline in the price of Bitcoin continues. The largest cryptocurrency was traded at approximately $38,650 at the time the news was written. Bitcoin fell below 40 thousand dollars yesterday evening and below 39 thousand dollars today.


BlackRock's world-famous CEO, Larry Fink, recently stated in an interview with the US media that Bitcoin is an investment that provides economic protection all over the world, including the USA, and that everything is just beginning in the transition to the tokenization of assets.