BlackRock Bitcoin, Ether ETFs buy $1B as BTC price mostly fills CME gap
Bitcoin and Ether were firm “buy the dip” targets for ETF investors, with reactions celebrating continued institutional demand despite a BTC and ETH price correction.
Key points:
BlackRock’s Bitcoin and Ether ETFs bought over $1 billion on Thursday while prices tanked 5% or more.
Institutions were interested in “buying the dip” on both assets, a reaction says.