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According to Arkham monitoring, BlackRock Bitcoin ETF in the past 1 months made net purchases of Bitcoin worth 1570000000 USD.
⚡️BlackRock Bitcoin ETF in the past 1 months made net purchases of Bitcoin worth 1570000000 USD Bitcoin
BlockBeats news:October 3, according to Arkham monitoring, BlackRock Bitcoin ETF in the past 1 months made net purchases of Bitcoin worth 1570000000 USD Bitcoin.
As of publication,IBIT holds over 800000 Bitcoin, valued at approximately 67870000000 USD.
Original link https://m.theblockbeats.info/flash/370150
BlockBeats reported this news on October 3.
Citing Arkham monitoring, the report stated that BlackRock Bitcoin ETF in the past 1 months made net purchases of Bitcoin worth 1570000000 USD.
As of publication,IBIT holds over 800000 Bitcoin, valued at approximately 67870000000 USD。
The following is analysis, separate from reported facts. Verify important claims independently.
This news states that BlackRock's Bitcoin ETF IBIT increased its Bitcoin holdings over the past 1 months; at the time of publication, its holdings exceeded 800000 Bitcoin. The relevant figures are from Arkham monitoring cited by the report.
This data reflects IBIT's Bitcoin holdings scale and recent net purchases, which can be used to observe changes in ETF's holdings; however, the original article does not explain how these changes would affect Bitcoin's price.
Beginners can understand ETF as a fund product. Here, “net purchases” means that purchases less sales during the statistical period remained positive; it does not mean that Bitcoin's price will necessarily rise.
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Fund products that hold or track exposure to Bitcoin; purchasing their shares does not amount to directly owning Bitcoin.
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