Key Takeaways:
BlackRock’s iShares Bitcoin Trust (IBIT) now holds over 3.25% of all Bitcoin in circulation, making it the single-largest holder among spot ETFs globally.
IBIT has absorbed over $69.7 billion worth of BTC, dominating over 54.7% of the US spot Bitcoin ETF market.
Institutional accumulation is rising sharply, while retail participation slows, signaling a shift in Bitcoin market dynamics.
BlackRock’s embrace of crypto has evolved from a symbolic moment to a market-moving force. A Bitcoin ETF started by the asset management giant just over a year ago has hit a historic milestone: over 3.25% of the fixed 21 million supply of Bitcoin. However, there is a story behind the figures: it concerns a turn of the balance of power, altered investment trends and the rising influence of classical finance in the crypto world.
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