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BlackRock’s iShares Exchange Traded Fund (IBIT) now reportedly has more bitcoin in Assets Under Management (AUM) than Michael Saylor’s MicroStrategy. Previously, the latter had cemented itself as a big holder of the digital asset but BlackRock Bitcoin ETF added a whopping 12,600 BTC ($845 million) on Friday to go past it.
Here is the latest figure of bitcoin holdings across the board:
Source: HODL15 Capital on XBlackRock Bitcoin ETF: Role in the Bitcoin Market
BlackRock is the largest asset manager on the face of the earth with a massive $9.1 trillion in Assets Under Management (AUM). The overall profile of the major fund manager is so big that the $13 billion or so in current bitcoin…
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