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BlackRock’s IBIT Reaches 500,000 BTC Milestone; Grayscale Files for Solana ETF

  • BlackRock’s IBIT now holds 500,380 BTC, making up about half of all US Bitcoin ETF holdings.
  • Recent trading saw IBIT and others take in over US$670 million after earlier profit-taking of US$550 million.
  • Grayscale has filed for a conversion of its Solana Trust to a Spot ETF.
  • US Bitcoin ETF holdings collectively control 5.156% of all Bitcoin, with IBIT's holdings being a significant portion of this.

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