BlackRock’s IBIT spot bitcoin ETF amasses 200,000 BTC in two m | Crypto | Ethereum | Bitcoin
BlackRock’s IBIT spot bitcoin ETF amasses 200,000 BTC in two months
After just two months of trading, BlackRock’s IBIT spot bitcoin exchange-traded fund crossed 200,000 in assets under management on Monday. The newborn nine spot bitcoin ETFs — excluding Grayscale’s converted GBTC fund — total more than 420,000 BTC. Of the newborn nine ETFs, Fidelity’s FBTC is currently in second place with over 128,000 BTC and Ark Invest 21Shares’ ARKB is third with nearly 38,000 BTC per BitMEX Research data.
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