🔥 BlackRock owns over 3.25% of the total BTC supply
💡 BlackRock is an American international investment company focused on asset management, having purchased Bitcoin worth over $69.7 billion through its iShares Bitcoin Trust (IBIT) ETF. This accounts for more than 3.25% of the total BTC supply.
💼 BlackRock's IBIT ETF currently controls over 54.7% of the market for all spot Bitcoin ETFs in the USA. Additionally, IBIT has entered the list of the 25 largest ETFs in the world by assets under management. Moreover, BlackRock's fund has become the 23rd largest ETF in the world among cryptocurrency and traditional financial products.