YES! In less than 18 months, BlackRock’s iShares Bitcoin Trust (IBIT) ETF has become a key player in the market. With $69.7 billion in assets under management, it now holds more than half of the US Bitcoin ETF market share. This represents exactly 54.7%.
According to data, this figure alone represents 3.25% of all bitcoin in circulation. This illustrates a strategic accumulation by institutional investors.