Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
As of Q4, 1041 institutions hold BlackRock IBIT, with a quarterly increase of 55%

As of Q4, 1041 institutions hold BlackRock IBIT, with a quarterly increase of 55%

Bitget2025/02/17 00:44
BTC+0.35%

According to Golden Finance, as per Trader T's statistics, in the fourth quarter of 2024, 1,041 institutions reported holding BlackRock's Bitcoin ETF IBIT, a 55% increase from the 672 in the third quarter of 2024. Additionally, institutions doubled their bitcoin holdings in the fourth quarter to reach 166,000 bitcoins. Accordingly, these reporting institutions held a share of 30%, up from the third quarter's figure of 19% (+58%).

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: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
ISM Non-Manufacturing PMI Indicates Bitcoin Cycle May Extend Beyond Historical Levels
2
Video sharing platform Rumble plans to launch Bitcoin tipping feature in December

Crypto prices

More
Bitcoin
Bitcoin
BTC
$111,590.63
+0.73%
Ethereum
Ethereum
ETH
$3,956.47
+0.42%
Tether USDt
Tether USDt
USDT
$1
+0.01%
XRP
XRP
XRP
$2.62
+4.30%
BNB
BNB
BNB
$1,115.67
+0.26%
Solana
Solana
SOL
$194.42
+0.33%
USDC
USDC
USDC
$0.9999
+0.01%
Dogecoin
Dogecoin
DOGE
$0.1974
-0.03%
TRON
TRON
TRX
$0.2981
-2.23%
Cardano
Cardano
ADA
$0.6584
+0.33%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter