1/3/2025, 2:10:04 pm

BlackRock Adds Spot Bitcoin ETF IBIT to Model Portfolios

BlackRock added the iShares Bitcoin Trust (IBIT), a $48.3 billion spot Bitcoin ETF, to two model portfolios, citing diversification potential. Despite record outflows of $3 billion from spot Bitcoin ETFs, with IBIT losing $700 million, it remains the largest, having amassed $37 billion since launch, surpassing competitors like FBTC.