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Blackrock’s ibit Place Bitcoin ETF has officially exceeded $ 700,000 in the administration of managed assets worth approximately $ 76 billion from July 17.
The milestone comes just 18 months after the launch of the fund in January 2024, which means a quick accumulation pace that warned the entire industry.
Bloomberg Senior ETF analyst Eric Balchunas highlighted Success 8. Satoshi Nakamoto as the biggest known one bitcoin holder.
According to Balchunase, the fund adds about 40,000 BTC per month, ie about 1,300 BTC per day, and by May 2026 it could reach 1.2 million BTC by May 2026.
In addition to the growing bitcoin share, Ibit has also become a general income for Blackrock with a top income generator. Of the 1,197 ETF, Asset Management Firm now ranks the third place generation of $ 191 billion in income and is less than $ 9 billion from the demand to the best place.
