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HomeCRYPTOCURRENCY BITCOINBlackRock Fund Discloses IBIT Bitcoin ETF Assets in Q1/2024 Reports

BlackRock Fund Discloses IBIT Bitcoin ETF Assets in Q1/2024 Reports

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The IBIT ETF presently possesses Bitcoin valued at $19.61 billion, closely trailing Grayscale’s $19.76 billion. The inclusion of prominent institutional investors like Millennium Management and Schonfeld Strategic Advisors has pushed the overall Bitcoin holdings of spot ETFs worldwide past the 1 million BTC mark, with a total value surpassing $68 billion. This accounts for approximately 5.10% of Bitcoin’s overall circulating supply.

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