BlackRock's IBIT ETF now holds almost 50,000 BTC as AUM hits $2 billion

BlackRock's iShares Bitcoin ETF (IBIT) has set a new benchmark in the cryptocurrency investment space by amassing over $2 billion in assets under management (AUM) just ten days after its trading debut, according to Bloomberg Terminal data. BlackRock now holds almost 50,000 BTC through its ETF. Sentiment Result : Positi

BlackRock's iShares Bitcoin ETF (IBIT) has set a new benchmark in the cryptocurrency investment space by amassing over $2 billion in assets under management (AUM) just ten days after its trading debut, according to Bloomberg Terminal data. BlackRock now holds almost 50,000 BTC through its ETF.