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
$108777.9
+0.80%
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