Big news in the world of Bitcoin! A giant company called BlackRock now controls more than half of all Bitcoin investments in the US. It's like they own a huge chunk of a giant Bitcoin piggy bank! This is a really big deal because it shows how important Bitcoin is becoming.
- BlackRock's Bitcoin fund is super popular, holding over $56 billion.
- Even though some people are selling their Bitcoin investments, the price of Bitcoin itself is staying pretty high.
- Some people think someone might be secretly controlling Bitcoin's price, but others think other things are happening.
| Fact | Number |
|---|---|
| BlackRock's share of US Bitcoin ETF market | 50.4% |
| Total value of BlackRock's Bitcoin holdings | Over $56.8 billion |
| Bitcoin's price (at time of writing) | $97,071.50 |
| Money pulled out of Bitcoin ETFs in one day | $364 million |
