BlackRock Bitcoin, Ether ETFs buy $1B as BTC price mostly fills CME gap

Blockchain

Bitcoin and Ether are firm “buy the dip” targets for ETF investors, with reactions celebrating continued institutional demand despite a BTC and ETH price correction.

Key points:

BlackRock’s Bitcoin and Ether ETFs bought over $1 billion on Thursday while prices tanked 5% or more.

Institutions are interested in “buying the dip” on both assets, a reaction says.

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