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BlackRock's IBIT Becomes World's Largest Bitcoin ETF in Record Time

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Source: Decrypt
BlackRock's IBIT Becomes World's Largest Bitcoin ETF in Record Time
Photo: Decrypt
TL;DR

BlackRock's Bitcoin ETF has surpassed the Grayscale Bitcoin Trust (GBTC) in holdings, achieving this in just 96 trading days. The iShares Bitcoin Trust (IBIT) now holds 288,671 BTC compared to GBTC's 287,454 BTC, following significant inflows and outflows. This shift highlights the competitive landscape among Bitcoin ETFs, particularly in terms of fees and market positioning.

Topics:businessfinance#bitcoin#blackrock#cryptocurrency#etf#finance#grayscale
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  1. BlackRock Bitcoin ETF Flipped GBTC in Less Than 100 Trading Days  Decrypt
  2. BlackRock's $20 Billion ETF Is Now the World's Largest Bitcoin Fund  Yahoo Finance
  3. First Mover Americas: BTC Consolidates Around $68K as IBIT Overtakes GBTC  CoinDesk
  4. Two BlackRock funds added the firm's IBIT spot bitcoin ETF to portfolio in Q1  The Block
  5. BlackRock's $20 Billion IBIT Becomes The World's Largest Bitcoin ETF  Bitcoin Magazine

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