🚨 iShares Bitcoin ETF Hits Major Milestone!
BlackRock's iShares Bitcoin Trust (IBIT) now holds 700,000 BTC — in just 18 months! 💥
According to Glassnode, its AUM (Assets Under Management) has now exceeded $76 billion, surpassing both the iShares Core S&P 500 ETF (IVV) and the iShares Russell 2000 ETF (IWM).
👉 Comparatively:
• MicroStrategy (MSTR) holds 600,000 BTC
• Fidelity FBTC: 203,000 BTC
• Grayscale GBTC: 184,000 BTC
ETF Store President Nate Geraci wrote on X:
"700,000 BTC in 18 months. Ridiculous!"
In January 2024, U.S. spot bitcoin ETFs were launched. They have already secured a place as the most successful launch in ETF history — over $50B in net inflows.
📊 IBIT is now the third highest revenue generator among all of BlackRock's ETFs!
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