BlackRock's Bitcoin Behemoth

While Wall Street debated Bitcoin's future, BlackRock quietly amassed more of the cryptocurrency than Satoshi Nakamoto ever owned!

Did you know that BlackRock's iShares Bitcoin Trust (IBIT) has amassed $54.39 billion in net assets as of December 13, 2024, holding over 535,000 Bitcoin[7][8]? The ETF achieved the $50 billion milestone in just 228 days - five times faster than any previous ETF in history, surpassing BlackRock's own iShares Core MSCI EAFE ETF which took 1,329 days to reach the same milestone[4][9].

The fund's dominance is clear through its net inflows, which have exceeded $33.34 billion[4]. IBIT's daily trading activity remains robust, with recent single-day inflows reaching $571.71 million[4].