BlackRock’s Bitcoin ETF Reaches $65 Billion Milestone, Signaling Institutional Backing

BlackRock has crossed a significant milestone in its Bitcoin investments, amassing a massive $65 billion worth of Bitcoin through its iShares Bitcoin Trust ETF. This impressive figure highlights the growing institutional support for cryptocurrency and pushes the market towards new all-time highs. 631,962 BTC currently reside in Blackrock’s trust, representing a substantial shift in the traditional financial landscape.