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BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC) have claimed the top spots in asset accumulation among newly traded ETFs. The iShares Bitcoin Trust stands out with an impressive 243,627 BTC under its belt, valuing at approximately $17.09 billion, which is about 1.16% of the total 21 million Bitcoin that can ever exist. Following closely, the Fidelity Wise Origin Bitcoin Fund holds 139,720 BTC, valued today at nearly $9.81 billion, accounting for 0.665% of the finite Bitcoin supply. This strong performance reflects growing investor confidence and interest in cryptocurrency-based investment products. Despite the volatility often associated with digital assets, both funds have successfully navigated the market dynamics, indicating a bullish stance from institutional investors within the first 50 trading days since their inception.
