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What is BlackRock iShares bitcoin ETF (Ibit)?

BlackRock's iShares Bitcoin ETF on Friday became the first of the recently launched spot products to reach $2 billion in AUM (Jim.henderson/Wikimedia Commons) The BlackRock iShares Bitcoin ETF (IBIT) on Friday became the first of the recently launched spot bitcoin products to reach $2 billion in assets under management (AUM).

How many Bitcoins does BlackRock's iShares ETF hold?

The fund now holds nearly 50,000 bitcoin after adding almost another 4,300 tokens on Thursday. BlackRock's iShares Bitcoin ETF on Friday became the first of the recently launched spot products to reach $2 billion in AUM (Jim.henderson/Wikimedia Commons)

Does Blackrock have a spot bitcoin ETF?

The moment finance giant BlackRock filed to create a spot bitcoin ETF in the U.S., market watchers wondered whether the world’s biggest asset manager had a better chance of approval than the many rejected predecessors. They quickly fixated on a mechanism within the application that allows suspicious trades to be flagged to the authorities.

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