CMC News: BlackRock Bitcoin ETF Accumulates 631,962 $BTC Worth $65 Billion BlackRock's spot Bitcoin ETF now holds 631,962 $BTC valued at approximately $65 billion. This represents nearly 3% of the total Bitcoin supply under management. The milestone demonstrates growing institutional confidence in $BTC as a mainstream asset. BlackRock's ETF has seen consistent inflows outpacing competitors since its launch. The holdings signal declining perceived risk of Bitcoin among traditional investors. Other institutional players, including pension funds and hedge funds, may follow suit. The accumulation could accelerate institutional adoption and increase market liquidity.
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CMC News: BlackRock Bitcoin ETF Accumulates 631,962 $BTC Worth $65 Billion BlackRock's spot Bitcoin ETF now holds 631,962 $BTC valued at approximately $65 billion. This represents nearly 3% of the total Bitcoin supply under management. The milestone demonstrates growing institutional confidence in $BTC as a mainstream asset. BlackRock's ETF has seen consistent inflows outpacing competitors since its launch. The holdings signal declining perceived risk of Bitcoin among traditional investors. Other institutional players, including pension funds and hedge funds, may follow suit. The accumulation could accelerate institutional adoption and increase market liquidity.