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BlackRock's spot Bitcoin ETF IBIT surpasses $10 billion in assets under management
2024.03.01 - 11:24
TechFlow news: BlackRock's spot Bitcoin ETF IBIT has reached $10 billion in assets under management.
BlackRock’s IBIT now holds over 162,000 BTC ($10 billion) in Bitcoin assets, while Fidelity’s FBTC has surpassed 105,000 BTC ($6.3 billion).
Other competitors include ARKB from Ark Invest and 21Shares, along with nine newly launched Bitcoin exchange-traded funds, collectively holding over 344,000 BTC ($21 billion) in assets.
In the meantime, Grayscale’s GBTC fund holdings have declined to 432,000 BTC ($27 billion), a 30% drop since its launch.
On Thursday, all U.S. Bitcoin exchange-traded funds together attracted $92.4 million in net inflows.
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