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BlackRock’s IBIT Breaks Records, Accumulates Unprecedented 700k Bitcoin

  • Bitcoin has set a new all-time high at US$116,739, while Ethereum is approaching the US$3,000 mark.
  • BlackRock's IBIT has accumulated over 700,000 Bitcoin, valued at more than US$76 billion in assets under management within just 18 months of trading.
  • US spot Bitcoin ETFs experienced significant institutional buying pressure, with a second-best trading day generating US$1.2 billion in net inflows.
  • All Bitcoin ETFs globally now hold 6.8% of the total Bitcoin supply, surpassing the combined holdings of all countries and public companies.

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