BlackRock's spot bitcoin ETF hits $1b in assets after four days of trading

BlackRock's spot bitcoin ETF hits $1b in assets after four days of trading

A specialist trader works at the post where BlackRock is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 21, 2022. REUTERS/Brendan McDermid

BlackRock’s spot bitcoin exchange-traded fund (ETF) hit $1 billion in assets in the first four days of trading, the first to clinch the milestone among a batch of newly launched ETFs tracking spot bitcoin prices, JPMorgan data showed.

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