🚀💰 BlackRock Bitcoin ETF Sets New Record!
✅ BlackRock's IBIT fund reaches $91.06 billion in assets under management, leading instant Bitcoin funds in America.
✅ The fund holds 3.72% of the total Bitcoin supply.
✅ Fidelity FBTC comes in second with $24.77 billion, and Grayscale GBTC at $22.18 billion.
✅ Bitcoin's rise to $124,000 supported the fund, but hot U.S. inflation data pressured the price below $118,000 with liquidity losses exceeding $1 billion.
✅ IBIT achieved the fastest growth in Bitcoin fund history since its launch in January 2024.
📊 The continued flow of investments into the fund reflects the confidence of institutional and individual investors in Bitcoin as a long-term investment asset.
#Bitcoin #BlackRock #Investment #ETF #Crypto