🚨BLACKROCK now owns 3% of the ENTIRE BITCOIN SUPPLY!

BlackRock, the world's largest asset manager, now holds over 662,500 BTC through its iShares Bitcoin Trust (IBIT). This incredible accumulation makes BlackRock's Bitcoin holdings bigger than many centralized exchanges and even major corporate holders like Strategy. Only Satoshi Nakamoto’s estimated 1.1 million BTC outnumbers IBIT.

It took SPDR Gold Shares (GLD) over 1,600 trading days to reach $70 billion in assets under management, while IBIT did it in just 341 days, making it the fastest growing ETF in history.

BlackRock's entry sends a powerful message to the financial world. They see Bitcoin as a legitimate component of long term diversified portfolios. The question is no longer "if" institutions will get involved, but "how much" exposure is appropriate. This is a huge "?" for the Bitcoin community, as BlackRock isn't truly the "warrior" Satoshi was looking for while calling fo decentralization. #BlackRock #Bitcoin #BitcoinNews #CryptoMarketNews #CryptoMarketWatch