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BlackRock’s iShares Bitcoin ETF Achieves Unprecedented 700K BTC Holdings Milestone

  • BlackRock’s iShares Bitcoin ETF has surpassed 700,000 BTC in assets under management, just 18 months after its debut.
  • IBIT had accumulated 698,919 BTC as of July 3, with net inflows tipping it over the milestone after the Independence Day holiday.
  • The ETF has become the most actively traded spot Bitcoin ETF, holding over 3% of Bitcoin’s capped supply.
  • BlackRock’s iShares Bitcoin Trust is on course to potentially surpass Satoshi as the top holder of Bitcoin, currently at 62% of the way there.

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