📈 BlackRock’s iShares Bitcoin ETF Surpasses 700,000 $BTC – Institutional Demand Is ROARING 🚀
In a major milestone for institutional adoption, BlackRock’s iShares Bitcoin Trust (IBIT) has officially crossed 700,000 $BTC under management — making it one of the largest holders of Bitcoin on the planet. 🌍
💥 That’s over $42 billion in $BTC at current prices.
🧠 Why this matters:
• Wall Street’s involvement in crypto is no longer speculation — it’s reality.
• Massive inflows = long-term conviction from institutions
• With ETF demand climbing and supply halving behind us, supply shock dynamics are in full play
📊 The message is loud: Bitcoin is no longer fringe — it’s financial infrastructure.