🎉 BlackRock ETF surpasses 500,000 BTC! 🤑
- BlackRock's iShares Bitcoin Trust (IBIT) currently holds 500,380 BTC, valued at approximately 48 billion USD.
- IBIT makes it easier for investors to access Bitcoin through exchange-traded products (ETP).
- This ETF accounts for 2.38% of the total Bitcoin supply, surpassing even MicroStrategy!
📈 The inflow of money into Bitcoin ETFs is increasing significantly, except for Grayscale Bitcoin Trust (GBTC).
- The total BTC held by ETFs is nearing 1.1 million BTC, almost equal to the number of BTC owned by Satoshi Nakamoto.
💬 What do you think about this development? Comment now!