Ishares btc etf bitcoin holdings surge past 700k in record-breaking run

Blackrock’s ishares bitcoin trust (Go) Now holding 700,000 bitcoin
According to glassnode data, and gained $ 76 billion in possessions under management in just 18 months, releasing the same ishares core S&P 500 ETF (IVV)that tracks US equity benchmarks, and ishares Russell 2000 ETF (Iwm)that monitors the performance of small cap stocks with us.
Figures are beating 600,000 BTC held by the approach (Mstr).
“The new milestone, Ishhares Bitcoin ETF holds over 700,000 BTC. 700,000 This was done in 18 months. It’s funny, ” Nate GeraciPresident of the ETF store, commented on a post in X.
The US spot bitcoin exchange-traded funds (ETFS) Debuted in January 2024 and became the most successful introduction to the ETF of all times. Beginning of the start, they are appealing $ 50 billion in net inflows.
Ibit is now the third highest income that generates ETF for blackrock in all its ETF products. Senior Bloomberg ETF Analyst Eric Balchunas It is noted that Blackrock runs a total of 1,197 funds.