IBIT Bitcoin surpassed MicroSt

bitcoin 2024-03-09 61
After 40 trading days, as of March 8th, BlackRock's Bitcoin ETF (IBIT) has surpassed MicroStrategy in terms of the amount of Bitcoin held. IBIT now holds 196,089 BTC, while MicroStrategy holds 193,000 BTC. This significant increase in IBIT's Bitcoin holdings reflects the growing interest in cryptocurrency investments among institutional investors. It also signifies a potential shift in the balance of power within the cryptocurrency market as traditional financial institutions continue to embrace digital assets.