From Investing.com: 2024-05-16 14:30:47

Senior ETF analyst Eric Balchunas revealed that BlackRock’s IBIT, the largest spot Bitcoin ETF, has surpassed its rivals in terms of number of holders with 414 reported holders. This figure is “mind boggling” and “blows away” the record, according to Balchunas. While BlackRock’s ETF has seen zero inflows, other spot ETFs have acquired $303 million worth of Bitcoin in the past three days. Balchunas shared an infographic showing the significant lead BlackRock has over Bitwise, Fidelity, and Ark Invest in terms of holders.

Read more at Investing.com: BlackRock Bitcoin ETF Surpasses Rivals as This Crucial Metric Hits New Record By U.Today