The Bitcoin futures ETF BITO reached a record high in assets under management as of March 1st
According to HODL15Capital monitoring, the Bitcoin futures ETF - ProShares Bitcoin Strategy ETF (BITO) did experience a decline in its assets under management (AUM) for several weeks since the launch of the Bitcoin spot ETF. However, as of March 1st, it has rebounded to a new all-time high.
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15.49 trillion! BlackRock's assets under management have reached half of the US GDP
BlackRock recorded net inflows of $205 billions in the third quarter, with revenue rising 19% year-on-year to $7.75 billions. The flagship iShares ETF attracted more than $135 billions, while net inflows for private credit increased by $5 billions quarter-on-quarter. CEO Larry Fink stated that the company is entering the fourth quarter with accelerating momentum and solid reserves in the private market and pension fund businesses. However, Moody's warned that risks are still accumulating in the private credit market under the high interest rate environment.
The address associated with the Worldcoin project deposited 14.475 million WLD to an exchange within 24 hours.
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