BlackRock Spot Bitcoin ETF IBIT Surpasses $10 Billion AUM

BlackRock's Bitcoin Spot ETF IBIT Hits $10 Billion in Assets Under Management.

BlackRock's IBIT has more than 162,000 BTC ($10 billion) in bitcoin assets under management, while Fidelity's FBTC assets have exceeded 105,000 BTC ($6.3 billion).

Other contenders include Ark Invest 21 Shares' ARKB, as well as nine newly-launched bitcoin exchange traded funds with total assets of more than 344,000 BTC ($21bn).

Meanwhile, assets in greyscale's GBTC fund fell to 432,000 BTC ($27 billion), down 30% from its launch.

In total, all U.S. bitcoin trading attracted $92.4 million in net revenue on Thursday funds.