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Hennington Research
@HennRes
6Mon·

BNP Paribas ($BNP (-3.51%) ), according to a filing with the SEC, has acquired shares of Black Rock ($BLK ) Bitcoin ETF ($IBIT ). However, it is only a very small position.


BNP Paribas acquired a total of 1k shares at a price of 40.47 US dollars eachwhich amounted to a total of 41,684.10 US dollars in total.

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Hennington Research
@HennRes
6Mon·

Black Rocks ($BLK ) US Bitcoin ETFs have the highest daily outflow recorded. However, according to Robert Mitchnick, Head of Digital Assets, this is only expected to be temporary. He predicts that the coming months will see a new wave of investments will follow in the coming months, this time from institutional investors, such as sovereign wealth funds, pension funds and foundations.

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