Bitcoin Price Prediction: BlackRock’s Bitcoin Bet Turns Green Again – Is the Selling Finally Over?
Bitcoin’s rebound has pushed BlackRock’s iShares Bitcoin Trust ETF (IBIT) again into profitability, marking a key psychological turning level for each retail and institutional holders. IBIT traders collectively sit on $3.2 billion in cumulative income, in line with Arkham Intelligence, reversing weeks of stress brought on by Bitcoin’s earlier slide into the mid-$80,000s. Arkham’s knowledge…
