In its recent entry into the spot Bitcoin exchange-traded fund (ETF) market, BlackRock has purchased over 11,400 Bitcoins, prompting speculation of supply issues. According to InvestAnswers, BlackRock bought 11,439 Bitcoins following the official launch of their spot Bitcoin ETF. This amount equates to over 13 days of Bitcoin production, considering the average daily issuance of The post BlackRock Buys Over 13 Days of Bitcoin Production: A Sign of Supply Shortage? appeared first on Cryptonews .
