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Bloomberg ETF Analyst: Redwood Sells Purpose Bitcoin ETF, Buys BlackRock IBIT

Bloomberg ETF Analyst: Redwood Sells Purpose Bitcoin ETF, Buys BlackRock IBIT

CointimeCointime2024/02/06 14:51
By:Cointime

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.

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