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The value of assets managed by the BlackRock Spot ETF exceeded 100,000 bitcoins

According to BlackRock's official data, the value of assets under management of the company's spot bitcoin ETF reached 105,280 bitcoins last day. This means a growth of more than 3,700% of the assets under management of this fund from 2,621 bitcoins at the time of its launch on January 11 (December 21). Excluding the Greyscale Bitcoin ETF, iShares Bitcoin Trust is the first fund among new U.S. spot bitcoin ETFs to exceed 100,000 bitcoins in its 22nd trading day. Assets under the management of Grayscale ETF also decreased by 25% to 463,475 bitcoins during this period.