BlackRock Bitcoin ETF now holds more BTC than MicroStrategy

BlackRock Bitcoin ETF now holds more BTC than MicroStrategy

According to data compiled by BitMEX Research, BlackRock’s IBIT holds 197,943 Bitcoin, worth over $13.5 billion as of March 8.

 

Excluding Grayscale’s GBTC, the newly launched Bitcoin ETFs collectively hold assets valued at $28 billion as institutional demand continues to drive the cryptocurrency upward.

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