![Blackrock Bitcoin ETF Amasses 414 Institutional Holders — Analyst Says IBIT 'Blows Away Record'](https://static.news.bitcoin.com/wp-content/uploads/2024/05/blackrock-ibit-414-holders-768x432.jpg)
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has amassed 414 insitutional holders in less than three months, according to filings with the U.S. Securities and Exchange Commission (SEC). A senior Bloomberg analyst described this achievement as “mind-boggling” and “highly rare” for new ETFs. Other recently launched ETFs have significantly fewer institutional […]
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