Less than three weeks have passed since the market launch, and BlackRock’s Bitcoin ETF (IBIT) has already surpassed two billion dollars in assets under management (AUM).
According to official data, IBIT already owns more than 52,000 BTC, with a dollar value exceeding 2.1 billion.
These data, moreover, are growing because they do not yet include the additional purchase of at least another 2,000 BTC made yesterday.
Before the market launch, BlackRock had anticipated the need to purchase up to $2 billion worth of BTC in the first week alone, but it took two and a half weeks to achieve this goal.
The other Bitcoin ETFs: not just BlackRock
At the moment, the world’s largest Bitcoin ETF by AUM is still the Grayscale Bitcoin Trust (GBTC), which until yesterday held 496,000 BTC.
However, it should be highlighted that before the stock market listing on January 11th, it held almost 620,000 BTC, so in just under three weeks it has liquidated over 120,000 Bitcoin.
That being said, curr
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