BlackRock Highlights Bitcoin’s Unique Properties as Approved IBIT Options Could Cement Risk-Off...

BlackRock Highlights Bitcoin’s Unique Properties as Approved IBIT Options Could Cement Risk-Off Status

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Source: Coindesk.com

Bitcoin is up 22% since the Yen carry trade unwind on Aug. 5, while gold and the S&P 500 are up around 11%. Over 65% of the circulating bitcoin supply has remained unmoved for over a year. Almost all holders are in profit if they held for three years, while they are all in profit

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The post "BlackRock Highlights Bitcoin’s Unique Properties as Approved IBIT Options Could Cement Risk-Off Status" appeared first here Coindesk.com.

Source: Coindesk.com

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