IBIT | Crypto

BlackRock’s iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF) crossed $70 billion in assets under management (AUM) on June 6, being the fastest to reach this mark in just 341 trading days.  Bloomberg ETF analyst Eric Balchunas reported the milestone on X, noting that the fund beat the previous speed record of 1,691 days set by […] The post BlackRock’s IBIT rockets to $70B in 341 days, 5x faster than previous record appeared first on CryptoSlate.

BlackRock’s iShares Bitcoin Trust (IBIT) has attracted consistent capital for over a month, signaling sustained institutional interest in the top crypto. According to data from SoSoValue, IBIT has recorded 31 consecutive trading days without net outflows since April 14. The only exception was May 13, when flows remained flat. Despite that pause, the ETF has […] The post Bitcoin low volatility fuels BlackRock’s IBIT 31-day inflow run and $72B asset surge appeared first on CryptoSlate.

BlackRock’s IBIT topped all US-based exchange-traded funds (ETFs) in inflows on May 22 following Bitcoin’s rally to a new all-time high above $110,000. On May 23, Bloomberg ETF analyst Eric Balchunas reported that IBIT attracted $877.18 million in inflows that day, outpacing traditional heavyweights like Vanguard’s VOO, which tracks the S&P 500. VOO, typically a […] The post BlackRock’s IBIT leads all US ETF inflows following Bitcoin’s historic rally to new ATH appeared first on CryptoSlate.

BlackRock’s iShares Bitcoin Trust (IBIT) has become the second-largest holder of Bitcoin as of May 20, surpassed only by the infamous wallet of Satoshi Nakamoto, the pseudonymous creator of the flagship crypto. According to data compiled by crypto analyst Shaun Edmondson, IBIT currently holds 636,108 BTC, representing over 3% of Bitcoin’s total capped supply of […] The post BlackRock’s IBIT becomes second-largest Bitcoin holder behind Satoshi Nakamoto appeared first on CryptoSlate.

Abu Dhabi sovereign wealth fund Mubadala raised its exposure to Bitcoin (BTC) during the first quarter, purchasing 491,000 shares of BlackRock’s iShares Bitcoin Trust (IBIT), according to its latest Form 13-F filing. Mubadala held 8,726,972 shares of IBIT as of March 31, up 6% from the previous quarter and worth approximately $408.5 million at the […] The post Abu Dhabi sovereign wealth fund Mubadala expands Bitcoin exposure via IBIT while Wisconsin fund exits crypto ETF appeared first on CryptoSlate.