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Source: apollosats


BlackRock's iShares Bitcoin ETF Surpasses $2 Billion in Assets Under Management


🔵 #BlackRock iShares #BitcoinETF (IBIT) hits $2 billion AUM, ranks third among recent ETFs.

🔵 Investors add $170 million, acquiring 4,300 bitcoin, bringing total holdings to 49,952 tokens.

🔵 IBIT's AUM surpassed $2 billion, fueled by Bitcoin's price surge above $40,000 on Friday.

🔵 #Fidelity's Wise Origin Bitcoin Fund (#FBTC) nears $2 billion AUM, holding almost 44,000 #bitcoin.
Top #CryptoNews This Week

1️⃣ #Grayscale's #GBTCETF nets $28.195 million, while #Fidelity's #FBTC leads with $379 million inflow.

2️⃣ SEC Chair #Gensler suggests slow #ETHETF approval, criticizes #cryptoexchanges' activities as unconventional.

3️⃣ ECB cuts rates by 25 basis points, forecasts inflation increase, expects moderate easing amid strong domestic pressures.

4️⃣Bank of Canada cuts rates to 4.75%, aiming to support economic growth amid declining #inflation.

5️⃣#Bitpanda partners with Deutsche Bank for real-time #crypto payments, enhancing German user experience.

6️⃣ #Robinhood to acquire Bitstamp for $200 million, subject to regulatory approval, expanding global presence

7️⃣ #Bybit opens registration for mainland China users, causing internal panic; aims to tap into new markets

8️⃣ Chinese student sentenced to 4 years for #Memecoin fraud; issued BFF causing losses over 50,000 USDT

9️⃣#Vitalik Buterin criticizes celebrity involvement in crypto, calls for focus on public interest initiatives
🚨$211M Outflows Extend U.S. Bitcoin ETFs' Negative Streak🚨

💠On September 5,
#Bitcoin spot #ETFs saw a net outflow of $211 million, marking seven consecutive days of negative flows.

💠Grayscale's
#GBTC had $23.2 million, Fidelity's #FBTC $149 million, and Bitwise's #BITB $30 million.

💠Total net asset - $50.7 billion.

#CoinPedia #Crypto #BitcoinETF #cryptomarket