🤔 Will BlackRock become the world’s largest institutional holder of Bitcoin? 📍 As of March 22, BlackRock’s iShares Bit…

🤔 Will BlackRock become the world’s largest institutional holder of Bitcoin?

📍 As of March 22, BlackRock’s iShares Bitcoin Trust ETF held 238,500 Bitcoin, worth $15.5 billion. It receives daily inflows averaging $274 million, adding around 4,120 Bitcoin daily.

📍 The Grayscale Bitcoin Trust (GBTC) ETF currently holds around 350,252 BTC, valued at $23 billion. It's experiencing average daily outflows of $277 million, or roughly 4,140 BTC daily, in the last two weeks.

Assuming no drastic changes in current flows, BlackRock is set to become the world’s largest institutional holder of Bitcoin in a couple of weeks. 👀

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