BlackRock IBIT Adds $284M, Surpasses 800K BTC Holdings
The post BlackRock IBIT Adds $284M, Surpasses 800K BTC Holdings appeared first on Coinpedia Fintech News
BlackRock’s iShares Bitcoin Trust (IBIT) saw strong demand on April 17, with about $284 million worth of Bitcoin added as the fund bought thousands of BTC that day. This continued a recent streak of sustained accumulation by institutional investors and helped push total inflows over a multi-day period into the billions of dollars. IBIT’s holdings have grown to around 800,000 Bitcoin, making it one of the largest holders among regulated Bitcoin investment products.
