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Investment Giant BlackRock's Spot Bitcoin Exchange Traded Fund Crosses Critical Threshold! Here's the Latest Data

Investment Giant BlackRock's Spot Bitcoin Exchange Traded Fund Crosses Critical Threshold! Here's the Latest Data


BitcoinSistemi
2025-10-09 12:10:09
Investment Giant BlackRock's Spot Bitcoin Exchange Traded Fund Crosses Critical Threshold! Here's the Latest Data

BlackRock, the world's largest asset management firm, has reached a new milestone with the launch of its spot Bitcoin exchange-traded fund (ETF) IBIT. BlackRock's Bitcoin ETF Crosses 800,000 BTC Threshold: Value Surpasses $97 Billion The company's fund has reached a historic high in assets under management (AUM), surpassing 800,000 BTC (approximately $97 billion). IBIT has seen rapid growth since its launch in January 2024. As of October 7th, the fund, which held 798,747 BTC, reached 802,257 BTC after a net inflow of $426 million (approximately 3,510 BTC) in one day. This amount corresponds to approximately 3.8% of Bitcoin's total supply. This performance put BlackRock ahead of MicroStrategy's institutional reserves of 640,000 BTC. On the same day, US spot Bitcoin ETFs saw total inflows of $440 million, with IBIT alone seeing net inflows of $4.1 billion over the past eight days. Bloomberg analyst Eric Balchunas noted that IBIT led all ETFs with $3.5 billion in weekly inflows. “Spot Bitcoin ETFs are currently experiencing the strongest period in their history,” said Nate Geraci, president of NovaDius Wealth. As the Bitcoin price rose to $121,500 with this rise, BlackRock CEO Larry Fink once again confirmed that IBIT is the “fastest-growing ETF in history.” *This is not investment advice. Continue Reading: Investment Giant BlackRock's Spot Bitcoin Exchange Traded Fund Crosses Critical Threshold! Here's the Latest Data

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