The combined assets under management of US spot Bitcoin ETFs surpassed $100 billion for the first time, marking a historic milestone for the crypto investment vehicle. BlackRock’s IBIT led with over $40 billion in AUM, while Grayscale’s GBTC held approximately $22 billion. The milestone came less than two years after the initial approval of spot Bitcoin ETFs by the SEC in January 2024, underscoring the rapid pace of institutional adoption.
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