{"id":19262,"date":"2024-12-06T12:42:48","date_gmt":"2024-12-06T10:42:48","guid":{"rendered":"https:\/\/forklog.com\/en\/blackrock-and-mara-acquire-9173-btc-amid-bitcoins-dip-below-100000\/"},"modified":"2024-12-06T12:42:48","modified_gmt":"2024-12-06T10:42:48","slug":"blackrock-and-mara-acquire-9173-btc-amid-bitcoins-dip-below-100000","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/blackrock-and-mara-acquire-9173-btc-amid-bitcoins-dip-below-100000\/","title":{"rendered":"BlackRock and MARA Acquire 9173 BTC Amid Bitcoin’s Dip Below $100,000"},"content":{"rendered":"

On December 5, BlackRock and MARA Holdings purchased 7750 BTC<\/a> and 1423 BTC<\/a> respectively, while an unknown whale acquired 600 BTC<\/a> as the leading cryptocurrency’s price fell to $90,500.<\/p>\n

That day, Bitcoin’s decline exceeded 13% at its lowest point, with the price plummeting from an all-time high above $104,000 to $90,500, before rebounding to $98,000.<\/p>\n

On December 5, inflows into BlackRock’s IShares Bitcoin Trust ETF (IBIT) amounted to $770.5 million<\/a>, ensuring positive dynamics for all similar products overall ($766.7 million).<\/p>\n

The structure’s assets under management reached $51.46 billion\u2014nearly half of the sector’s total ($109.2 billion).<\/p>\n

\"1-1346\"
Data: SoSoValue.<\/figcaption><\/figure>\n
\n

\u201cThe fastest-growing ETF in history,\u201d<\/em> noted Apollo founder Thomas Farrer.<\/p>\n<\/blockquote>\n

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? Blackrock Buys 7750 #Bitcoin<\/a> <\/p>\n

They hold over $50 Billion in Assets. <\/p>\n

Fastest growing ETF EVER! ? pic.twitter.com\/uJU9MLTlTb<\/a><\/p>\n

\u2014 Thomas | heyapollo.com (@thomas_fahrer) December 6, 2024<\/a><\/p><\/blockquote>\n