#BLACKROCK Here are the latest developments about BlackRock's IBIT

- BlackRock's IBIT has become the largest spot Bitcoin ETF in the U.S., overtaking Grayscale's GBTC.

- IBIT has recorded $16.5 billion in inflows, while GBTC has seen $17 billion in outflows.

- IBIT holds nearly $20 billion worth of Bitcoin, surpassing GBTC's $19.7 billion.

- The investment giant added IBIT to its income and bond-focused funds in the first quarter.

- U.S.-listed spot Bitcoin exchange-traded funds reached a new record, holding more than 850,000 BTC in custody.

- BlackRock's IBIT has seen significant inflows, with $429 million recorded on July 16.

- The total Bitcoin ETF AUM across all products hit a record high of $16 billion.

- BlackRock's IBIT has contributed to $900 million of inflows over the past seven trading sessions.