Tag: Markets
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More than a year ago, BlackRock launched a spot Bitcoin ETF in the U.S. following approval from the SEC. The iShares Bitcoin Trust ETF, under the ticker IBIT, smashed industry records. In just 11 months, it reached more than 50 billion U.S. dollars in assets, becoming what’s known as the greatest launch in ETF history.…
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MicroStrategy has been making headlines with its aggressive Bitcoin acquisition strategy. For six consecutive weeks, the company has continued to purchase Bitcoin, amassing a total of $45 billion in the digital currency. This move comes ahead of MicroStrategy’s inclusion in the Nasdaq 100 index next week. Interestingly, the company’s share price has been outperforming Bitcoin…