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Bloomberg ETF Analyst: Redwood sells Purpose Bitcoin ETF and buys BlackRock's IBIT

Bloomberg ETF Analyst: Redwood sells Purpose Bitcoin ETF and buys BlackRock's IBIT

Bitget2024/02/06 14:32

According to a post by Bloomberg ETF analyst Eric Balchunas on platform X, he observed that the Canadian asset management company Redwood has sold its domestically listed Purpose Bitcoin ETF and chose to buy BlackRock's spot bitcoin exchange-traded fund IBIT.

1

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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