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BlackRock’s Bitcoin ETF Tops 700K BTC as Price Holds Firm Above $108K

  • BlackRock's iShares Bitcoin Trust (IBIT) now holds over 700k BTC, solidifying its position in the US spot ETF market.
  • Analysts predict a potential end to the current bull market, with Bitcoin price needing to stay above $86k to avoid a bearish phase.
  • BlackRock's ETF has reached 700,307 BTC ($75.5 billion) with consistent inflows, outperforming other funds like S&P 500.
  • Bitcoin is currently trading above $108k, with experts forecasting prices reaching as high as $190k while warning of a potential market peak in the coming months.

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