Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
BlackRock’s IBIT holdings have exceeded 1% of the theoretical maximum supply of Bitcoin, and its market value has exceeded US$16 billion to reach new high

BlackRock’s IBIT holdings have exceeded 1% of the theoretical maximum supply of Bitcoin, and its market value has exceeded US$16 billion to reach new high

2024/03/14 15:08
By:

BlackRock’s official update of its spot Bitcoin ETF position data shows that as of March 13, IBIT’s Bitcoin holdings reached 223,645.98255 BTC, which means that its holdings have exceeded the theoretical maximum supply of 21 million Bitcoins by 1 %. In addition, the current market value of IBIT's Bitcoin holdings has reached $16,354,611,204.29, continuing to hit a record high, and the current number of outstanding shares has risen to 378,520,000.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Trump and Wall Street: How long will the love affair last?

Share link:In this post: Wall Street loved Trump’s win at first—stocks jumped, Bitcoin soared, and borrowing costs hit rock bottom, but some sectors started cracking fast. Tax cuts and deregulation made financial and energy stocks shoot up, but tariffs and plans to deport workers freaked out economists and markets. Tariffs mean higher prices for Americans, and even Walmart’s warning it’ll have to raise prices if Trump pushes through with his trade war.

Cryptopolitan2024/11/24 03:44

OpenAI could face a bigger problem than Elon Musk’s lawsuit against it

Share link:In this post: OpenAI’s much bigger threat comes from government regulation since it has more power than Elon Musk. If the government chooses to investigate the shift of OpenAI from a non-profit to a Public Benefit Corporation, there will be severe repercussions. The AI company’s dual model has sparked controversies

Cryptopolitan2024/11/24 03:44