The post BlackRock Reveals Its Latest BTC Holdings Over 342K BTC appeared first on Coinpedia Fintech News
BlackRock iShares Bitcoin Trust (IBIT) dominates the BTC ETF market. The asset manager has released its latest figures detailing the current holdings in Bitcoin. Notably, the total current holding stands at 342,658.96610 BTC, based on when the market price traded for $65,770 per BTC. At this value, BlackRock’s Bitcoin holding is a massive $22,537,283,282.30 as of July 31, 2024. The CEO, Larry Fink, now considers himself a major Bitcoin believer, which represents a pivotal shift from his earlier stance on the digital asset.
