Leading US Bitcoin spot exchange-traded funds issuer BlackRock has acquired 363,626 BTC after just eight months of issuance.
The BlackRock iShare Bitcoin Trust (IBIT) bought 1,413 BTC on Thursday, valued at $93.38 million. Amidst increased investor traction, the issuer has bought 5,894 BTC ($387.68 million) in the past three days.
With the Thursday acquisition, IBIT has purchased 363,636 BTC ($23.68 billion) since the Bitcoin ETF products debuted in January. Notably, the issuer is the largest public firm holding the premier asset.
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