BlackRock fund hits 500K BTC milestone

The market's leading #Bitcoin #ETF, managed by BlackRock, has now grown to hold more than 500,000 #BTC. After $338 million additional inflows on Monday, IBIT is nearing $50 billion worth of Bitcoin in assets under management. "IBIT is the fastest-growing ETF in the history of ETFs," BlackRock's CEO Larry Fink noted earlier this year.