Blackrock’s Ishares Bitcoin Trust (Ibit) Now it has 700,000 bitcoin
According to Glassnode data, and has accumulated $ 76 billion in assets under administration in just 18 months, exceeding both the Ishares Core S&P 500 ETF (IVV)which tracks the reference point of the equity of the United States, and Ishares Russell 2000 ETF (IWM)which tracks the performance of American stocks of small capitalization.
The figures exceed 600,000 BTC held by the strategy. (Mstr)which began purchases in 2020, and compares with the 203,000 BTC of FBTC FBTC and 184,000 BTC of GBTC of GRYSCALE.
“The new milestone, the Bitcoin ETF of Ishares now has more than 700,000 BTC. 700,000 I did this in 18 months. Ridiculo ”, Nate Geraci, president of the ETF store, commented on a publication about X.
The funds quoted in the US Bitcoin Bitcoin from the USA. (ETF) He debuted in January 2024 and has become the most successful ETF presentations of all time. From the beginning, they have attracted $ 50 billion in net tickets.
Ibit is now the third highest income ETF for Blackrock in all its ETF products. Bloomberg Etf’s senior analyst Eric Balchunas said Blackrock operates a total of 1,197 funds.
