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BlackRock's IBIT Soars to World's No. 2 Bitcoin Owner, Trailing Only Satoshi - Coin Edition

Retrieved on: 2025-06-03 21:35:10

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Summary

The article highlights BlackRock's iShares Bitcoin Trust (IBIT) becoming a top 25 global ETF in just 1.4 years, holding $68.83 billion in assets and 660,842 BTC, driven by low fees and institutional trust. This growth emphasizes the shift toward regulated crypto investment methods compared to competitors like GBTC from Grayscale Investments and ARK Invest.

Article found on: coinedition.com

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