BlackRock’s Bitcoin ETF tops 500K BTC holdings worth $48B

BlackRock’s IBIT now holds 2.38% of all Bitcoin, with its latest filing showing it has 500,380 BTC on its books.

BlackRock’s spot Bitcoin exchange-traded fund (ETF) has surpassed 500,000 BTC in holdings as more investors seek exposure to the asset.

On Dec. 2, the iShares Bitcoin Trust (IBIT) ETF’s Bitcoin (BTC) holdings reached 500,380, worth around $48 billion at current market prices. 

iShares Bitcoin Trust ETF holdings data. Source: iShares

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