Bitcoin ETF Dynamics: Burkett Financial Shifts from ProShares BITO to BlackRock IBIT Amid Institutional Inflows.
 Burkett Financial Services has made a strategic move that reflects broader institutional sentiment towards Bitcoin exchange-traded funds (ETFs). The renowned investment advisory firm recently opted to divest its holdings in ProShares’ Bitcoin Strategy ETF (BITO) and significantly increase its stake in BlackRock’s iShares Bitcoin Trust (IBIT). This decision comes amidst a period of heightened interest and inflows into Bitcoin ETFs by institutional investors.
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