Bitcoin ETF Boom: BlackRock’s IBIT Approaches $100B in Assets

TLDR BlackRock’s IBIT is approaching $100 billion in assets under management. The ETF now holds over 800,000 Bitcoin worth approximately $98 billion. IBIT has become BlackRock’s most profitable ETF across its entire global lineup. The fund has attracted more than $63 billion in inflows since its launch. IBIT is on track to reach the $100 [...]

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