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Blackrock bolsters Bitcoin ETF holdings to surpass $1.2 billion milestone

January 19, 2024
in Crypto Exchanges
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Fast Take

Blackrock has elevated its Bitcoin holdings in its Change-Traded Fund (ETF) because the fund now retains a powerful depend of 28,622 Bitcoin, with an addition of roughly 3,555 Bitcoin.

The Blackrock iShares Bitcoin ETF not solely made headlines because the inaugural fund to surpass the $1 billion threshold however continued its upward trajectory to amass a notional worth now standing at $1.2 billion.

The final replace was on Jan. 16, when BlackRock added 8,705 BTC to the fund. At the moment’s replace marks the bottom quantity of Bitcoin added to the fund since launch day the place 2,621 BTC have been added.

BlackRock IBIT BTC Holdings: (Supply: ishares.com)

The publish Blackrock bolsters Bitcoin ETF holdings to surpass $1.2 billion milestone appeared first on CryptoSlate.



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