BlackRock has continued adding to its Bitcoin exposure as institutional demand remains strong following last weeks major cryptocurrency market rally. The latest purchase comes as Bitcoin maintains bullish momentum near the closely watched $80,000 level. Institutional investors have continued pouring capital into Bitcoin through spot exchange-traded funds (ETFs), providing additional support for the worlds largest cryptocurrency. According to data cited by Whale Insider, BlackRock made another Bitcoin purchase worth approximately $200.76 million on August 27. The acquisition coincided with a… Read more
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