In just two months, BlackRock’s iShares Bitcoin Trust (IBIT) has reached a significant milestone, accumulating over 200,000 bitcoin (BTC). This achievement underscores the growing prominence of Bitcoin Exchange-Traded Funds (ETFs) in the financial market landscape.

IBIT: Rapid Growth in Assets Under Management

Since its debut on the Nasdaq on January 11th, BlackRock’s IBIT has rapidly risen to become a powerhouse in the Bitcoin ETF space. With assets under management (AUM) exceeding $15 billion, it now stands as the second-largest Bitcoin ETF globally, trailing closely behind Grayscale’s Bitcoin Trust (GBTC).

As per the latest data, BlackRock’s ETF boasts an impressive 215,626 BTC…

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