📊 BlackRock’s iShares Bitcoin Trust (IBIT) has officially crossed 700,000 BTC, worth over $75.6 billion.

Launched in January 2024, it’s now BlackRock’s third most profitable fund, beating out legacy ETFs like the S&P 500 and Russell 2000.

Why does this matter?

• High demand + higher fees = massive growth

• Analysts say it's helping to reduce BTC volatility

• More “buy-and-hold” investors means less speculative pressure

• Traders may now pivot to crypto-related equities for action

Bitcoin is no longer just a wild asset — it's becoming a pillar of institutional finance 🏛️

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