BlackRock’s Bitcoin ETF Surpasses 800,000 BTC, Marking Institutional Adoption Milestone

BlackRock’s spot Bitcoin exchange-traded fund (IBIT) has reached a significant milestone, exceeding 800,000 BTC in assets under management. This surge, driven by eight consecutive days of inflows totaling over $4 billion, highlights the growing acceptance of Bitcoin within institutional portfolios. The success underscores the rapid adoption of regulated investment vehicles for Bitcoin exposure.