BlackRock's Bitcoin exchange-traded fund remains stable, with a market value of $16.4 billion
BlackRock's latest official data shows that the Bitcoin holdings of its spot Bitcoin exchange-traded fund IBIT remained stable as of April 30, with no change for five consecutive days, and remained at 274,462.0495 BTC. The current market value is approximately $16,453,708,937.68, and the number of outstanding shares is 481,880,000.
This news has attracted widespread attention in the market. As a leading global asset management company, BlackRock's Bitcoin exchange-traded funds have always attracted much attention from the market. The continued stability of its holdings shows BlackRock's long-term confidence in Bitcoin and also sends a positive signal to investors.
With the continuous development of the cryptocurrency market, Bitcoin, as one of the market leaders, has always been the focus of investors' attention in terms of holdings and market value. BlackRock's continued stable holdings reflect its confidence in the long-term value of Bitcoin and add a stabilizing force to the market.
For investors, the stable holdings of BlackRock's Bitcoin exchange-traded funds may be a signal worth paying attention to. Although the Bitcoin market is volatile, in the long run, BlackRock's continued investment in Bitcoin may indicate its optimism about the future development of Bitcoin.
