Bloomberg ETF Analyst: Redwood Sells Purpose Bitcoin ETF, Buys BlackRock IBIT
Bloomberg ETF analyst Eric Balchunas stated on X platform that he has observed Canadian asset management company Redwood selling the Purpose Bitcoin ETF listed on the domestic market and choosing to purchase the BlackRock iShares Bitcoin ETF (IBIT) traded on the spot Bitcoin exchange.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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