2024-12-04
BlackRock's spot Bitcoin ETF, iShares Bitcoin Trust (IBIT), surpassed 500,000 BTC in holdings.
iShares Bitcoin Trust ETF | IBIT
On December 2, 2024, BlackRock's spot Bitcoin ETF, iShares Bitcoin Trust (IBIT) held 500,380 worth $48.0 billion
This milestone highlights the growing institutional interest in Bitcoin and the result of cryptocurrency market resurgence.
The IBIT ETF has become the most actively traded spot Bitcoin ETF
since its launch. BlackRock’s IBIT now holds 2.38% of all Bitcoin max supply
capped at 21,000,000 BTC.
