CandleFocus

BlackRock’s IBIT now holds over 2% of the BTC circulating supply

BlackRock's iShares Bitcoin Trust (IBIT) has been buying Bitcoin for 9 consecutive trading days, adding approximately 29,714 BTC worth $2 billion to its holdings. This brings IBIT's total holdings to 399,355 BTC, or over 2% of Bitcoin's circulating supply. BlackRock's ETF IBIT also reported the highest net inflow of $165.54 million among Bitcoin spot ETFs, with a total net inflow of $23.69 billion. Despite a marginal decline in Bitcoin's price, BlackRock continues to maintain its position as the leader among all other ETFs.

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