BlackRock (BLK), the world biggest asset manager is behind the largest U.S. spot Bitcoin ETF, IBIT, with it's net assets of over $48 billion

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BlackRock (BLK), the world biggest asset manager is behind the largest U.S. spot Bitcoin ETF, IBIT, with it's net assets of over $48 billion

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10:00pm, Friday, February 28, 2025

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IBIT is the largest spot BTC ETF, holding roughly half a million Bitcoin valued at approximately $48 billion. When it was launched in January last year, it quickly gained traction and began attracting billions of U.S. dollars every month.

BlackRock Inc., the world’s largest asset manager, is launching a Bitcoin exchanged-traded product in Europe, following the success of its $48 billion US fund tracking the cryptocurrency

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Crypto news

Summary

Crypto news