240+ Companies Invest in IBIT: Institutional Interest Grows
#BlackRock invested $6.6M in its IBIT ETF, hitting a record $10B in AUM in just 49 days.
Ark Invest and Van Eck are also betting big.
Traditional firms are joining in:
🔸 CTC: $27.7M in $IBIT
🔸 Hightower, US Bancorp, SouthState: Positions in Bitcoin #ETFs.
Institutional adoption is growing:
🔸 240+ companies in BlackRock IBIT
🔸 130+ in Fidelity $FBTC
🔸 467 in Grayscale’s $GBTC
Banks and financial institutions are embracing #BitcoinETFs , bringing Bitcoin closer to mainstream acceptance.
