Major institutional inflow alert: BlackRock has acquired $355 million worth of bitcoin, signaling continued confidence from traditional finance players entering the crypto space. This substantial purchase by one of the world's largest asset managers marks another significant vote of confidence in Bitcoin as an institutional-grade asset. The move underscores the ongoing trend of major financial institutions accumulating digital assets, potentially influencing broader market sentiment and adoption.
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BtcDailyResearcher
· 3h ago
Blackstone is buying coins so aggressively; traditional finance is really starting to take it seriously.
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SeasonedInvestor
· 3h ago
Black Rock is hoarding coins again. Traditional finance is really here now, but whether it will rise or not still depends on the market maker's mood.
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TxFailed
· 4h ago
lol $355m sounds massive until you realize it's like... what, 0.15% of their aum? technically speaking this is just portfolio rebalancing theatre, not the "institutional adoption wave" everyone's jerking off about
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screenshot_gains
· 4h ago
Blackstone is buying coins again, now institutions are really stacking up the assets.
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BearMarketBuyer
· 4h ago
Blackstone has invested over 350 million, now traditional finance has truly arrived...
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MetaEggplant
· 4h ago
Blackstone buying Bitcoin, so what? Anyway, we're still retail investors or "chives."
Major institutional inflow alert: BlackRock has acquired $355 million worth of bitcoin, signaling continued confidence from traditional finance players entering the crypto space. This substantial purchase by one of the world's largest asset managers marks another significant vote of confidence in Bitcoin as an institutional-grade asset. The move underscores the ongoing trend of major financial institutions accumulating digital assets, potentially influencing broader market sentiment and adoption.