"BlackRock Bitcoin ETF holds 3.25% of total supply... Assets under management reach $69.7 billion"
Minseung Kang
공유하기
- It has been reported that the assets under management (AUM) of BlackRock's Bitcoin exchange-traded fund (ETF), IBIT, have reached $69.7 billion.
- BlackRock has announced that it now holds 3.25% of the total Bitcoin supply.
- An analyst mentioned that despite continued demand for ETFs, selling by miners and profit-taking is partly suppressing price increases.
STAT AI Notice
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
As institutional investors continue to increase their influence on Bitcoin (BTC), it is being analyzed that BlackRock's Bitcoin exchange-traded fund (ETF) is growing its presence in the market.
On the 20th (local time), cryptocurrency-focused media outlet Cointelegraph reported via X (formerly Twitter) that "the assets under management (AUM) of BlackRock's Bitcoin spot ETF, IBIT, have reached $69.7 billion. BlackRock now holds 3.25% of the total Bitcoin supply."
Meanwhile, Iliya Kalchev, an analyst at Nexo, stated, "While demand for ETFs remains steady, selling pressure from miners and profit-taking is partially offsetting this," adding, "For Bitcoin prices to find a breakout, a new catalyst or shift in investor sentiment may be required."
![New York Fed president "Monetary policy well positioned for 2026" [Fed Watch]](https://media.bloomingbit.io/PROD/news/2da39825-898f-4c9b-8ffd-e0e759e15eb3.webp?w=250)
