Spot Bitcoin ETFs Surpass $125B, BlackRock’s IBIT Ranks 31st Globally

Quick Summary:

U.S.spot Bitcoin ETFs have exceeded $125 billion in total holdings, now representing over 6% of Bitcoin’s circulating supply, according to Cointelegraph, citing Dune data.

BlackRock’s IBIT ETF, the largest U.S.Bitcoin ETF, holds 46.4% of the total spot BTC ETF market and is now ranked as the 31st-largest ETF worldwide.

With Bitcoin ETFs already surpassing $125 billion, the sector could reshape traditional finance’s approach to crypto.

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Article Details

Author / Journalist: Editor Team

Category: Crypto

Markets: India

Topics: Spot Bitcoin ETFs surpass $125B Bitcoin ETF Crypto News BITCOIN

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-02 @ 16:27:16 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 494 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © BitcoinWorld

News ID: 25730621

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