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BlackRock’s Bitcoin ETFs Surge as Digital Assets Gain Institutional Backing
BlackRock’s Bitcoin ETFs see massive growth, with $104 billion AUM, highlighting the shift toward institutional adoption of crypto assets.
BlackRock's Bitcoin ETF has become a major revenue driver, with assets under management (AUM) crossing $104 billion. Institutional investors have been flocking to crypto ETFs, fueled by better regulatory clarity and the desire for exposure to digital assets. The surge in Bitcoin ETF demand indicates a shift toward mainstream acceptance of cryptocurrencies, with major financial firms including BlackRock leading the charge.