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BlackRock’s iShares 
Bitcoin Trust (IBIT) has surpassed 700,000 BTC in holdings, solidifying its dominance in the Bitcoin ETF market.
What’s the Scoop?
- 700K BTC Milestone: IBIT now holds over 700,000 BTC, making it the largest Bitcoin ETF by holdings.
- Record Inflows: The fund has attracted significant investor interest, contributing to its rapid growth.
- Market Impact: IBIT's growth reflects increasing institutional adoption of Bitcoin and the growing demand for crypto investment vehicles.
