BlackRock Bitcoin ETF Takes the Lead, Surpassing Grayscale in Holdings

BlackRock has made a significant move in the cryptocurrency world, surpassing Grayscale’s Bitcoin holdings and becoming the largest provider of Bitcoin spot ETFs globally. A recent influx of $1.03 billion into BlackRock’s iShares Bitcoin Trust (IBIT) highlights the increasing mainstream adoption of Bitcoin. As per official data, IBIT holds 627,985.7 BTC, representing a notable milestone in the cryptocurrency market.