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Hace 6 días IBIT now holds 3.3% of all BTC, with a net asset value over $71 billionmore than triple Fidelity's FBTC, the second-largest such fund. The spot bitcoin funds have been on a Market Impact: U.S. spot Bitcoin ETFs now collectively hold nearly 883K BTC ($63B), about 4.2% of Bitcoin’s total supply. They reached a record 18-day net inflow streak BlackRock’s IBIT spot bitcoin ETF has exceeded 300,000 BTC in assets under management after five months of trading. IBIT surpassed the AUM of Grayscale’s Data from BlackRock’s fund site has revealed that the company’s Spot Bitcoin ETF has accumulated more than 302,536 BTC, constituting more than 1.4% of Bitcoin’s total circulating One of the most anticipated entries into the space was BlackRock, whose Spot Bitcoin ETF now has more than $21 billion in BTC. Indeed, the investment offering from BlackRock’s spot bitcoin BTC$96,324.70 exchange-traded fund (ETF) is now the largest product of its kind, flipping Grayscale's GBTC after a $102 million inflow on

BlackRock's Spot Bitcoin ETF Dominates: Now Holding Over $21 Billion in BTC

BlackRock's IBIT spot bitcoin ETF is making waves in the cryptocurrency world. One of the most anticipated entries into the space was BlackRock, whose Spot Bitcoin ETF now has more than $21 billion in BTC. Indeed, the investment offering from BlackRock’s spot bitcoin exchange-traded fund (ETF) is now the largest product of its kind, flipping Grayscale's GBTC after a $102 million inflow on BTC$96,324.70.

This milestone underscores the increasing institutional adoption of Bitcoin and the growing popularity of spot Bitcoin ETFs. But how much Bitcoin does BlackRock actually hold?

BlackRock IBIT: A Bitcoin Juggernaut

Data from BlackRock’s fund site has revealed that the company’s Spot Bitcoin ETF has accumulated more than 302,536 BTC, constituting more than 1.4% of Bitcoin’s total circulating supply. In fact, BlackRock’s IBIT spot bitcoin ETF has exceeded 300,000 BTC in assets under management after five months of trading. IBIT surpassed the AUM of Grayscale’s.

Adding to the impressive figures, Hace 6 días IBIT now holds 3.3% of all BTC, with a net asset value over $71 billion—more than triple Fidelity's FBTC, the second-largest such fund. The spot bitcoin funds have been on a record 18-day net inflow streak.

The Broader Impact: Spot Bitcoin ETFs Fueling Bitcoin Adoption

The success of BlackRock's IBIT is just one piece of the puzzle. Market Impact: U.S. spot Bitcoin ETFs now collectively hold nearly 883K BTC ($63B), about 4.2% of Bitcoin’s total supply.

This significant accumulation highlights the powerful influence of these ETFs in the Bitcoin market, suggesting a potential price impact and increased mainstream acceptance. The continuous inflows into these ETFs signify strong investor confidence in Bitcoin as a long-term investment.

Key Takeaways:

  • BlackRock's IBIT now holds over $21 billion in Bitcoin.
  • IBIT possesses over 302,536 BTC, representing more than 1.4% of Bitcoin's circulating supply.
  • US spot Bitcoin ETFs collectively hold nearly 883K BTC, approximately 4.2% of Bitcoin's total supply.
  • IBIT is now the largest spot Bitcoin ETF, surpassing Grayscale's GBTC.

Stay updated on the latest developments in the Bitcoin ETF landscape as institutional interest continues to shape the future of cryptocurrency investment.

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