
Bitcoin ETF

BlackRock’s IBIT ETF Hits 500,000 BTC Milestone
In a remarkable feat, BlackRock’s iShares Bitcoin Trust (IBIT) has hit a major milestone—amassing over 500,000 Bitcoin (BTC). With a valuation of approximately $48 billion, this achievement showcases the growing influence of institutional investments in the cryptocurrency world. But what does this mean for the crypto market, and why does it matter? Let’s break it…