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BlackRock’s spot bitcoin ETF crosses $15 billion in AUM amid r | Crypto | Bitcoin | Blockchain

BlackRock’s spot bitcoin ETF crosses $15 billion in AUM amid record inflow and volume

BlackRock’s IBIT spot bitcoin exchange-traded fund reached $15 billion in assets under management on March 12 after securing its largest daily inflows since it launched exactly two months earlier. In bitcoin terms, BlackRock’s IBIT fund has reached more than 212,000 ($15.4 billion) under management, while Fidelity’s FBTC has surpassed 126,000 bitcoin ($9.2 billion) in assets, according to data from BitMEX Research. Ark Invest 21 Shares’ ARKB is in third with over 38,000 bitcoin ($2.8 billion) in assets.

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