Home Cryptocurrency IBIT First Spot BTC ETF to Reach $2B in AUM

IBIT First Spot BTC ETF to Reach $2B in AUM

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Investors added about $170 million to IBIT on Thursday, with the fund purchasing nearly another 4,300 bitcoin (BTC), pushing total tokens held to 49,952. With the price of bitcoin rising well above the $40,000 level early Friday, that brought AUM to above $2 billion.

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