BlackRock Did Not Sell During Crypto Market Crash: Details

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 70 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

BlackRock Bitcoin ETF investors unfazed amid massive epic sell-offs

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

Meanwhile, the total outflow for the group registered $168 million, which represents approximately 0.3% of the total assets under management . Noteworthy to state that Grayscale accounted for one-third of it. Balchunas predicted that this week will register more outflows up to the tune of billions or the equivalent of 5%. Overall, the renowned analyst has expressed shock at the reaction from some investors in the crypto market.

“Even I've been surprised by the HODL ability of the boomers and equally surprised by the weakness of the natives. My lord you finally have ETFs here bringing in $17b and you can't just chill?” Balchunas queried., the chairman and co-founder of MicroStrategy, sent out reassurance to members of the community. Saylor urged everyone to believe in Bitcoin despite price volatility. The Bitcoin enthusiast has consistently maintained a bullish stance on the digital asset.

Similarly, Peter Brandt, a legendary trader, remains optimistic that Bitcoin will still surge to his predicted $90,000 level after this price correction. At the time of writing,Godfrey Benjamin is an experienced crypto journalist whose main goal is to educate everyone around him about the prospects of Web 3.0. His love for crypto was birthed when, as a former banker, he discovered the obvious advantages of decentralized money over traditional payments.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 295. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Schwab, Fidelity, other online trading brokerages appear to go dark during huge market sell-offSome frustrated customers online said that they were unable to log in or access their account balances.
La source: abc7newsbayarea - 🏆 529. / 51 Lire la suite »

Schwab, Fidelity, other online trading brokerages appear to go dark during huge market sell-offSome frustrated customers online said that they were unable to log in or access their account balances.
La source: ABC7 - 🏆 67. / 68 Lire la suite »

Schwab, Fidelity, other online trading brokerages appear to go dark during huge market sell-offUser reports appeared to fall notably for all three platforms an hour into the outage, but timelines for full recovery wasn’t immediately known.
La source: PennLive - 🏆 463. / 53 Lire la suite »