Bitcoin

Blackrock Bitcoin ETF Attracts Record 414 Institutional Holders, Analysts Claim IBIT is Setting New Standards

Blackrock’s Ishares Bitcoin Trust (IBIT), a spot bitcoin exchange-traded fund (ETF), has attracted 414 institutional holders in less than three months, as per filings with the U.S. Securities and Exchange Commission (SEC). A senior Bloomberg analyst labeled this achievement as “mind-boggling” and “highly rare” for new ETFs. Other recently launched ETFs have significantly fewer institutional holders compared to IBIT.

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