IBIT Hits 700,000 BTC—Blackrock’s Grip on Bitcoin Tightens

Fresh spot bitcoin exchange-traded fund (ETF) numbers show Blackrock’s IBIT has hit a major milestone—after pulling in $164.64 million in inflows on Monday, the fund now holds a massive 700,000 BTC. Blackrock’s Ishares Bitcoin Trust (IBIT) just crossed a significant threshold, holding more than 700,000 BTC, worth roughly $76 billion. That puts IBIT at the […]