BlackRock’s IBIT Bitcoin ETF currently holds 751,283 BTC. Its closest competitor, Fidelity, is far behind with 200,956 BTC. BlackRock controls 57.96% of all Bitcoin ETFs. And let’s not forget, BlackRock holds these Bitcoins on behalf of its investors.
In short: IBIT is the locomotive — wherever BlackRock goes, the trend follows.
Written by burakkesmeci
