BlackRock's iShares Bitcoin Trust ETF Surpasses 100,000 BTC in Managed Assets

According to Cointelegraph: BlackRock's spot Bitcoin exchange-traded fund (ETF), iShares Bitcoin Trust (IBIT), has reportedly passed a watershed moment, amassing over 100,000 BTC under its management. Notably, the ETF has seen combined daily inflows break another record at $631.3 million, indicating robust investor interest in Bitcoin.

Bitcoin ETF flows in U.S. dollars. Source: Farside Investors

Official data from BlackRock indicates that by February 13, IBIT held 105,280 BTC. Among the nine spot Bitcoin ETFs trading, excluding Grayscale Bitcoin Trust ETF (GBTC), IBIT is the first to reach the 100,000 BTC milestone in just 22 days of trading.#Write2Earn #PYTH #sol #sanor016CommUNITY #Key