BlackRock’s Bitcoin ETF Surpasses Coinbase as Largest BTC Holder
The iShares Bitcoin Trust now controls 781,000 Bitcoin, overtaking Coinbase as the top holder of the cryptocurrency.
BTC
Summary
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Terms & Concepts
- Bitcoin ETF: An exchange-traded fund that tracks the price of Bitcoin, offering exposure without direct ownership of the cryptocurrency.
- BTC Holder: An individual or entity that owns and controls a certain amount of Bitcoin.
- iShares Bitcoin Trust: BlackRock’s exchange-traded fund designed to provide institutional and retail investors exposure to Bitcoin.