BlackRock’s iShares Bitcoin Trust (IBIT) reached $58.57 billion in assets under management (AUM) in less than a year. This is nearly double the figure that the BlackRock iShares Gold Trust (IAU) took 20 years to attain. Earlier this month, Ki Young Ju, the founder and CEO of the market analytics platform CryptoQuant, tweeted that IBIT …
Tag: Ki Young Ju
Feb 14 2024
Here’s How Bitcoin (BTC) Price Can Reach $112K This Year: CryptoQuant CEO
Bitcoin’s price is poised for an upcoming rally this year, said the CEO of CryptoQuant – Ki Young Ju. The best scenario can take the asset to above $100,000 for the first time ever, he said. To do so, though, certain developments have to transpire, which are mostly related to the recently approved spot Bitcoin …