BlackRock's iShares Bitcoin Trust (IBIT) recorded $102.5 million in net inflows, surpassing Grayscale Bitcoin Trust (GBTC) to become the largest Bitcoin fund globally. IBIT now holds $19.68 billion worth of Bitcoin, edging out GBTC's $19.65 billion. This shift is largely due to GBTC's higher management fees, prompting investors to prefer the more cost-effective IBIT. BlackRock's Strategic Income Opportunities Fund and Strategic Global Bond Fund have also invested significantly in IBIT. #Bitcoin #BlackRock #CryptoFunds #GBTC #Investing