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BlackRock Strengthens Crypto Lead With $65B in Bitcoin Reserves

Summary by TheNewsCrypto - Blockchain & Cryptocurreny News Media | Crypto Guide
BlackRock’s IBIT now holds 631,962 BTC, valued at $65 billion. The fund controls nearly 3% of Bitcoin’s total supply. BlackRock’s spot Bitcoin ETF now holds 631,962 BTC, worth approximately $65 billion. This highlights the asset manager’s dominance in the crypto ETF space. It also signals growing institutional trust in Bitcoin as a legitimate investment asset. Since its launch, BlackRock’s iShares Bitcoin Trust (IBIT) has attracted consistent in…
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TheNewsCrypto - Blockchain & Cryptocurreny News Media | Crypto Guide broke the news in on Sunday, May 18, 2025.
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