BlackRock’s ETF becomes largest bitcoin fund in world, Bloomberg News reports
May 29 (Reuters) – BlackRock’s (BLK.N), opens new tab iShares Bitcoin Trust (IBIT.O), opens new tab has become the world’s largest fund for the world’s largest cryptocurrency, racking up nearly $20 billion in total assets since listing in the U.S. in January, Bloomberg News reported on Wednesday.
The exchange-traded fund held $19.68 billion of token on Tuesday, overtaking Grayscale Bitcoin Trust’s $19.65 billion, report said, citing data compiled by Bloomberg.
Source: REUTER