BlackRock's Bitcoin ETF drives more revenue than its S&P 500 fund.
Blackrock makes 0.25% fees on their IBIT ETF. That currently translates to $184 million in annual revenue (just for custody) and it's based on AUM (assets under management.) Source: Bloomberg
Top public bitcoin Treasury companies
The race is on to acquire as many bitcoin as possible. https://lnkd.in/e3G87qYN
The bitcoin stacking race is raging!!!
In Europe, The Blockchain Group ALTBG continues snagging some regular BTC buys. They now own 1,728 $BTC for ~€155.8 million at ~€90,155 per bitcoin⚡️ Source: microstrategist on X, Alexandre Laizet, The Blockchain Group
Bitcoin $BTC compared to the World's Biggest Companies
Source: Visual Capitalist
BITCOIN BALANCE ON EXCHANGES HITS AN ALL TIME LOW.
Source: Crypto Quant
They fought it. They laughed at it. Now they’re building on it.
Source: Swiss Holdler
Another game changer for bitcoin $BTC and cryptos...
JP Morgan is now offering their clients loans against Bitcoin ETF holdings… Wall Street realizing that Bitcoin is pristine collateral. Liquid 24/7/365 globally. Source: Geiger Capital, Bloomberg
More Americans own Bitcoin (49.6 million) than Gold (36.7 million) and the amount owned is MUCH greater ($11,089 per owner versus $1,512 for Gold).
Source: Fred Krueger on X
