🚨 BlackRock’s IBIT ETF Hits 700,000 BTC – Historic Milestone 🚨
BlackRock’s iShares Bitcoin Trust (IBIT) has officially surpassed 700,000 BTC (~$76B), making it the world’s 2nd-largest Bitcoin holder after Satoshi Nakamoto.
🔥 Rapid Expansion: IBIT achieved this feat in just 18 months, setting a record as the fastest ETF to amass such a massive Bitcoin reserve.
📊 Market Power: With 55%+ dominance of U.S. spot Bitcoin ETF assets, IBIT stands tall in a ~$140B market.
🏦 Wall Street Confidence: Continuous inflows signal that institutions now view Bitcoin as a core investment asset.
📈 Trade Setup – $IBIT (Spot BTC Exposure):
Entry Zone: Current levels remain attractive with strong accumulation.
Targets: Look for bullish momentum as capital rotation strengthens.
Stop Loss: Adjust per your risk tolerance & market volatility.
⚠️ Reminder: Always DYOR — this is not financial advice.
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$BTC