BlackRock's iShares Short Maturity Municipal Bond ETF (MEAR) has made history by purchasing municipal bonds issued and settled entirely on blockchain. The bonds, issued by Quincy, Massachusetts, were sold using JPMorgan Chase's private blockchain platform. This move bypassed traditional methods and involved $6.5 million in municipal debt purchased by BlackRock. The city of Quincy previously made waves by issuing bonds using blockchain technology, and BlackRock is the first major player to participate in these blockchain-based bond investments. Additionally, BlackRock's iShares Bitcoin Trust (IBIT) is experiencing record-breaking inflows, surpassing its gold ETF and attracting investors' attention due to Bitcoin's price trading above $108,000.



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