BlackRock’s iShares Bitcoin Trust (IBIT) is approaching $100 billion in net assets, fueled by relentless institutional inflows and accelerated Bitcoin accumulation. The landmark figure underscores IBIT’s dominant position in the cryptocurrency ETF landscape as institutional adoption intensifies. The fund has… Read More »BlackRock’s Bitcoin ETF Nears $100 Billion Milestone Amid Surging Institutional Demand
Bitcoin’s price surge to $120,000 has been significantly driven by massive institutional capital inflows, primarily through BlackRock’s spot Bitcoin ETF (IBIT). The ETF has accumulated $83 billion in assets under management within just over a year, establishing a commanding market… Read More »Bitcoin Price Tops $120,000 Amid BlackRock ETF Dominance and Robust Holder Metrics
BlackRock has accumulated 696,874 BTC worth approximately $74 billion through its physically-backed spot Bitcoin ETF, serving both institutional and retail clients. This major holding underscores financial giants’ growing confidence in cryptocurrency as the asset class matures. Despite persistent Bitcoin price… Read More »BlackRock Amasses $74B in Bitcoin ETF Holdings, Signaling Institutional Crypto Confidence
BlackRock’s spot Bitcoin exchange-traded fund (ETF) has ended a four-week streak of declining trading volumes, indicating stabilization in investor activity. The reversal in trading volume marks a notable shift for the prominent cryptocurrency investment vehicle, following persistent weekly declines in… Read More »BlackRock Spot Bitcoin ETF Halts Four-Week Trading Volume Decline
BlackRock’s spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust (IBIT), has reached a significant milestone, accumulating holdings equivalent to 3.25% of Bitcoin’s entire circulating supply. This substantial holding underlines the fund’s position as a major participant in the Bitcoin… Read More »BlackRock Bitcoin ETF Secures 3.25% of Total BTC Supply Amid Investment Slowdown