BlackRock’s spot Bitcoin exchange traded fund (ETF) is about to become larger than the most popular financial sector ETF as it climbs towards the $50 billion assets under management milestone. The iShares Bitcoin Trust ETF (IBIT) now holds 500,380 BTC, worth approximately $48 billion at current BTC prices , according to iShares. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io