BlackRock Now Owns 700,000 Bitcoin, Here's When 1,000,000 BTC May Come True

  • iShares Bitcoin Trust (IBIT) has officially crossed a threshold that no other spot ETF has reached: BlackRock's ETF now controls more than 700,000 BTC. That is over $75 billion at current prices — roughly 3.5% of Bitcoin's entire circulating supply — and IBIT reached this milestone at a breathtaking pace.