BlackRock’s Bitcoin Spot ETF IBIT Holds Over 700,000 BTC Worth $75.5 Billion
2025-07-08 06:32:50
Main Idea
BlackRock's Bitcoin spot ETF (IBIT) holds over 700,000 BTC, valued at $75.5 billion, reflecting significant institutional investment in Bitcoin.
Key Points
1. BlackRock's Bitcoin spot ETF (IBIT) holds over 700,000 BTC as of July 8.
2. The market valuation of these holdings is nearly $75.5 billion.
3. Thomas Fahrer, co-founder of Apollo, confirms the ETF's Bitcoin holdings at 700,307 BTC.
Description
As of July 8, BlackRock’s Bitcoin spot ETF (IBIT) has amassed a substantial holding of over 700,000 BTC, with a market valuation nearing $75.5 billion, according to data reported by
$BTC
$108758.0
+0.26%
Latest News
- Ethereum’s Growing Role in Real-World Asset Tokenization Suggests Potential as a Treasury Asset2025-07-08 13:30:31
- BlackRock’s Bitcoin ETF Growth Could Influence BTC Volatility Trends, Analysts Suggest2025-07-08 13:16:38
- Deutsche Bank Survey Reveals How Trump’s Policies Accelerated Bitcoin Adoption in the U.S.2025-07-08 13:13:30
- Sequans Communications Raises $384M to Potentially Begin Bitcoin Treasury Strategy2025-07-08 13:12:43
- Robinhood’s EU Tokenized Equity Platform Sees Growing Private Company Interest Amid Regulatory Review2025-07-08 13:10:33