BlackRock’s Spot Bitcoin ETF Assets Under Management Surpass 200K BTC

Just two months following the launch of the first Bitcoin ETFs in the United States, BlackRock’s IBIT fund now holds assets under management exceeding 200,000 BTC ($14.6 billion).

The combined AUM for the nine newly launched ETFs (excluding Grayscale’s “converted” GBTC) stands at around 420,000 BTC, which accounts for approximately 2% of the total Bitcoin supply.

Among these new products, FBTC from Fidelity is ranked second, with over 128,000 BTC, followed by ARKB from Ark Invest with around 38,000 BTC.

Although last week IBIT surpassed MicroStrategy, known for its firm stance on Bitcoin, in terms of AUM, the business intelligence company has since acquired an additional 12,000 BTC, bringing their “digital balance” to 205,000 BTC.