In Just 5 Weeks, 264,232 BTC Worth $13.5B Were Acquired by a New Wave of Bitcoin ETFs, Led by Blackrock’s IBIT

In Just 5 Weeks, 264,232 BTC Worth $13.5B Were Acquired by a New Wave of Bitcoin ETFs, Led by Blackrock's IBIT

The nine recently launched spot bitcoin exchange-traded funds (ETFs) have amassed an astounding 264,232.74 bitcoin in just 37 days, which, at current exchange rates, is worth $13.5 billion. With 115,989.80 bitcoins in its holdings, Blackrock’s IBIT ETF leads the field and possesses a sizable 43% of the total. Nine New ETFs Secure $13.5B in Bitcoin, … Read more