#BlackRock’s #IBIT Becomes Largest $BTC Fund Overtaking #Grayscale
The BlackRock Bitcoin #ETF IBIT is officially the largest Bitcoin fund with nearly $20 billion in #AUM. BTC price saw an upside move gaining 1% and moving closer to $69,000.
The total AUM for BlackRock's IBIT has now surged past $19.79 billion.
On Tuesday, Grayscale's GBTC shedded 1500 BTC from its holdings while BlackRock added the same quantity.
BlackRock increases its IBIT share exposure to other two funds.
