BlackRock reports diverse investor interest in its spot Bitcoin ETF
BlackRock reveals that its Bitcoin ETF draws a wide range of investors, reflecting growing interest across different investor profiles in the crypto market. In a recent interview with Bloomberg TV, Rachel Aguirre, Head of U.S. iShares Product at BlackRock, discussed the burgeoning interest in the company’s new spot Bitcoin ETF, IBIT. BlackRock Head of US iShares Product Rachel Aguirre says that the influx of flows into IBIT are coming from both retail and new investor s https://t.co/4ohfZ4ugkC pic.twitter.com/TRKIKsz29s — Bloomberg Crypto (@crypto) January 17, 2024 In response to inquiries about whether an investment in IBIT was being redirected from Grayscale’s GBTC product, Aguirre noted that the firm “observed engagement from various investor s, including both retail and self-directed types.” She mentioned that some “ investor s had shown readiness to invest” from the outset. Aguirre further stated that the “firm is paying atten...