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BlackRock’s Bitcoin ETF Soars in October, Hits $30B AUM

  • Bitcoin posted an 11% growth in October, reaching $70,200 and marking the second-highest monthly close ever.
  • BlackRock's IBIT ETF accumulated $4.6 billion in assets, surpassing $30 billion in AUM.
  • ETF activity demonstrates increasing interest in regulated crypto investment products, reshaping Bitcoin's investor landscape.
  • IBIT ETF ranks 67th among global ETFs, highlighting its significance in the market and among investors.

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