- Blackrock Ibit earned 2025 million dollars in the quarter.
- The price is facing nearly $ 100,000; The next target is $ 102.5 K.
Blackrock revealed its Bitcoin ETF Ishares Bitcoin Trust (IBIT) $ 32 million. SEC submissionTo. The company also announced a $ 47.78 billion net asset for 1 quarter in the late 2025 year, which has fallen from $ 51.52 billion in a quarter of 2024.
Despite the price correction, institutional demand remained strong. The issue of shares exceeded 43 million in the quarter. The total number of these shares reached 1.013 billion. NAV per share, however, decreased from $ 53.09 to $ 47.14. On January 21, Naviit reached $ 60.61 and on March 10 was $ 44.62.
The operating expenses were low compared to the asset. Sponsorship fees amounted to $ 33.04 million. The withdrawal of the advertising fees of the first $ 5 billion assets saved $ 178,082, although it expires in January 2025. Coinbase custody remained primary caregiver, but Blackrock added Anchorage Digital Bank in April 2025 to reduce the risk of opposing party.
The rejection of SEC February against Coinbase removed the main legal overlooking. In the meantime, President Trump's executive order may create a strategic Bitcoin reserve in the US and proposed legislation to buy one million BTC in five years ETF landscape. Ibit is trading on $ 56 on the first market.
Bitcoin in today's market
Bitcoin (BTC) trades for $ 99,78.74, which is 2.13%in the last 24 hours. The ceiling of this market is $ 1.96 trillion, rising 2.15%. Trading volume growth 66.11% to $ 54.91 billion, market ceiling ratio of 2.82%. From a technical view, the BTC is resisting with an obstacle near $ 100,000.
If it breaks, the next target may be $ 102,500. Immediate support is $ 96,000. A drop of this can be seen by BTC testing $ 93,500. The relative strength index (RSI) is 69.96, approaching the excess territory.
The average RSI is lower at 59.94, indicating short -term bullish care. Bitcoin trades over the 9-periods and 21 periods of moving average, currently $ 97,926 and $ 96,1,18 respectively. The recent bullish ma crossover strengthens the momentum upwards.
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