Rise

BlackRock, as the world's largest asset management company, CEO Larry Fink regards Bitcoin as 'digital gold'. Despite the market experiencing phase adjustments and net capital outflows, BlackRock has repeatedly withdrawn thousands of BTC from Coinbase for ETF holdings, with a net inflow of 1,225 Bitcoins (approximately $83.92 million) in the last 5 hours, and has previously purchased over $1 billion in a single week. IBIT currently holds approximately 756,000 BTC, accounting for nearly 2.7% of the total Bitcoin supply, with assets exceeding $48 billion, surpassing the holdings of most sovereign nations.
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