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The Defiant 2024-12-04 01:48:10

BlackRock Bitcoin ETF About to Surpass Largest Financial Sector Fund at $50B AUM

BlackRock’s spot Bitcoin exchange traded fund (ETF) is about to become larger than the most popular financial sector ETF as it climbs towards the $50 billion assets under management milestone. The iShares Bitcoin Trust ETF (IBIT) now holds 500,380 BTC, worth approximately $48 billion at current BTC prices , according to iShares. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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