Bitcoin: How Much BTC Does BlackRock Hold? The Latest Numbers
Want to know how much Bitcoin BlackRock owns? You're not alone! Everyone's watching the world's largest asset manager's Bitcoin holdings. Here's a breakdown of the latest figures regarding BlackRock's Bitcoin stash.
BlackRock's Bitcoin Holdings: IBIT's Role
BlackRock's primary Bitcoin exposure comes through their iShares Bitcoin Trust (IBIT). This ETF has rapidly accumulated a significant amount of Bitcoin since its launch. So, how much BTC does IBIT actually hold?
Currently, the BlackRock’s iShares Bitcoin Trust (IBIT) holds 651,617.1 BTC as of [Insert Today's Date Here]. This information is constantly updated, so check back regularly for the most current figures. BlackRock has officially become the second-largest holder of Bitcoin globally, showcasing their massive influence in the crypto market. This is a substantial holding, and it's clear that BlackRock...
IBIT Historical Holdings
Interested in tracking IBIT's growth over time? You can view IBIT's historical holdings on various financial data websites. Keep an eye on these trends to see how BlackRock's Bitcoin accumulation is progressing.
BlackRock's Bitcoin Holdings Compared to Bitcoin's Total Supply
With all this talk of hundreds of thousands of Bitcoin, it's important to put things in perspective. How much Bitcoin does BlackRock have compared to Bitcoin's total supply?
Previously, BlackRock's approximate 215,000 Bitcoin holdings through IBIT represented roughly 1% of the total supply. However, as IBIT has grown dramatically since launch, the percentage is now significantly higher.
Previous Estimates and Milestones
Earlier estimates placed BlackRock’s iShares Bitcoin Trust (IBIT) at holding approximately 572,000 BTC, with predictions it could soon reach 600,000 BTC based on consistent inflows. At one point, BlackRock's iShares Bitcoin Trust (IBIT) held a significant amount of Bitcoin, specifically 587,777.9 as of [Insert date before today's date here].