BlackRock's iShares Bitcoin Trust (IBIT) ETF has hit a milestone, now holding over 500,000 BTC, valued at approximately $48 billion. This makes it the most actively traded spot Bitcoin ETF, controlling 2.38% of Bitcoin's total supply. The ETF offers a simplified way for investors to gain Bitcoin exposure without the hassles of direct ownership.
Meanwhile, MicroStrategy, the largest corporate Bitcoin holder, recently bought 15,400 BTC, upping its total to 402,100. Crypto miner MARA Holdings also expanded its stash, purchasing 6,484 BTC, making it the second-largest corporate Bitcoin holder.