BlackRock Spot Bitcoin ETF IBIT Surpasses $10 Billion AUM
BlackRock's Bitcoin Spot ETF IBIT Hits $10 Billion in Assets Under Management.
BlackRock's IBIT has more than 162,000 BTC ($10 billion) in bitcoin assets under management, while Fidelity's FBTC assets have exceeded 105,000 BTC ($6.3 billion).
Other contenders include Ark Invest 21 Shares' ARKB, as well as nine newly-launched bitcoin exchange traded funds with total assets of more than 344,000 BTC ($21bn).
Meanwhile, assets in greyscale's GBTC fund fell to 432,000 BTC ($27 billion), down 30% from its launch.
In total, all U.S. bitcoin trading attracted $92.4 million in net revenue on Thursday funds.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
India ramps up coal rail shipments as power plant stocks dwindle
Peñoles appoints EY affiliate Mancera as external auditor for FY2026 financial statements
Viral TikTok Meme Coin BIPOLAR Launches Tomorrow. But There’s a Trap
MEME drives the US stock market; how long can the frenzy last?
Crypto prices
More
