BlackRock’s IBIT now accounts for 50% of US spot Bitcoin ETF market with $56 billion AUM

BlackRock’s iShares Bitcoin Trust (IBIT) is the dominant force in the US spot Bitcoin exchange-traded fund (ETF) market, holding half of the 12 products’ total assets under management (AUM). Data from Dune Analytics shows that the spot Bitcoin ETFs collectively manage over $113 billion. IBIT leads the pack with $56 billion in AUM, reflecting strong […] The post BlackRock’s IBIT now accounts... source: https://cryptoslate.com/insights/blackrocks-ibit-seizes-50-of-us-spot-bitcoin-etf-market-with-56-billion-aum/