The BlackRock Bitcoin ETF (IBIT) has been scooping massive BTC supply with daily inflows crossing 100s of millions of dollars. As it turns out, the Bitcoin holdings of IBIT have now crossed 200,000 keeping them at par with that of MicroStrategy.
Microstrategy vs Blackrock bitcoin holdings pic.twitter.com/rPzYZ1jHIw
— zerohedge (@zerohedge) March 13, 2024
BlackRock Scoops 10% Bitcoin Supply in 60 Days
Over the course of the last 60 days, BlackRock’s ETF IBIT has made significant strides in accumulating approximately 200,000 Bitcoin, marking a substantial portion equivalent to 10% of the total Bitcoin supply available across all exchanges.
This accumulation by BlackRock’s ETF prompts speculation on how many additional 60-day periods it would take for the entity to acquire another 10% of the available Bitcoin supply. Analysts are closely monitoring this development, as the continued accumulation of Bitcoin by institutional investors like BlackRock could potentially trigger a parabo
We współpracy z: https://coingape.com/blackrock-bitcoin-holdings-at-par-with-microstrategy-500-days-of-bitcoin-bull-run-loading/
