BlackRock Bitcoin ETF Approaches $100 Billion Milestone

BlackRock’s iShares Bitcoin Trust is closing in on a monumental $100 billion asset milestone, fueled by significant institutional investment. Over 800,000 Bitcoin are held within the ETF, highlighting BlackRock’s influential role in directing large-scale capital to Bitcoin. Within just eight days, the trust garnered over $4.1 billion in net inflows, indicating a growing shift towards embracing Bitcoin as an asset class within finance.