BlackRock’s IBIT Surpasses 800,000 BTC, Cementing Its Lead in Institutional Bitcoin Adoption
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BlackRock’s spot Bitcoin exchange-traded fund (IBIT) has surpassed 800,000 BTC in assets under management, following an eight-day inflow streak that brought in over $4 billion. The milestone marks a significant step in institutional adoption of Bitcoin, coming less than two years after the fund’s launch in January 2024.
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