The post MicroStrategy Dethroned: BlackRock ETF Becomes Top Bitcoin Holder appeared first on Coinpedia Fintech News
The biggest bulls in the crypto arena are fighting for Bitcoin. BlackRock’s Bitcoin ETF, IBIT, hits a historic $10B in assets, outpacing all other ETFs in the US! A rally in Bitcoin prices fuels this milestone, attracting eager eyes from institutions to everyday investors.
Surprisingly, IBIT, launched in January, now champions the crypto sphere with over 195,000 BTC in its grasp, even outdoing MicroStrategy’s holdings.
This triumph marks a seismic shift in finance, proving digital assets are more than just a trend. The collective value of new Bitcoin ETFs, excluding Grayscale’s, is now $28 billion, driven by institutional demand pushing Bitcoin past $70,000.
Crypto competition heats up!
Next stop: the moon!
Bitcoin has hit a new all-time high, 70k, and the highest weekly candle ever. However, the market has a buzz about Bitcoin’s limited supply. Rec
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