Mar 29, 09:02 PM

BlackRock's IBIT Holds 250k Bitcoins, 30% Bitcoin ETFs AUM, $1.4B USDC Deposit, $9.5B Withdrawals

BlackRock's IBIT now holds 250,000 Bitcoins in assets under management, representing 30% of Bitcoin ETFs' AUM. Significant inflows and outflows have been observed in Bitcoin ETFs and USDC deposits on Coinbase, with large transactions of $1 billion and $1.4 billion worth of Bitcoin and USDC, respectively. Withdrawals from exchanges, including Coinbase, have reached $9.5 billion since the launch of U.S. spot ETFs, indicating strong demand for Bitcoin.

#BlackRock #Bitcoins #Bitcoin #USDC #Coinbase

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