BlackRock's spot Bitcoin ETF, named the iShares Bitcoin Trust (IBIT), has reached a significant milestone by holding over 2% of the total Bitcoin supply. This achievement came after a successful debut year, making IBIT the fastest-growing exchange-traded fund (ETF) in history. Launched in January 2024, the ETF exemplifies BlackRock's substantial impact within the crypto industry, showcasing the increasing investment and interest from traditional finance firms.
