BlackRock’s Bitcoin ETF, known as IBIT, has reached a significant milestone by owning 500,380 BTC.
This acquisition constitutes 2.38% of the total Bitcoin supply, highlighting BlackRock’s substantial influence in the cryptocurrency market.
The Bitcoin holdings are valued at approximately $48 billion, indicating the scale of BlackRock's investment.
The large accumulation reflects institutional interest and confidence in Bitcoin as a financial instrument.
Fonte: cointelegraph.com ↗