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Highlighting Binance’s CZ Spotights Blackrock Bitcoin ETF at a value of $ 50 billion, as IBIT is one year

Changpeng Zhao, who co -founded the largest encryption exchange in the world, was its CEO until late 2023, also known as CZ, to his account on the X platform to comment on the progress made by Etfs Bitcoin.

He named one box for Blackrock giant exchange. CZ commented on a tweet that revealed the amount of BTC Blackrock it is currently carrying. This is a huge amount of bitcoin at a value of 54,256,865,292 dollars, according to the data provided by Arkham Intelligence.

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CZ is called Blackrock’s Etf Ibit “ETF, the fastest growing in history, adding that he is only one year -old (launched in mid -January 2024). “Just starting,” stated the encryption effect.

According to a recent tweet by the @swearchain analytics X account, today, IBIT from Blackrock witnessed flows of $ 38.9 million (432 BTC). The modified data from this source is called a slightly smaller reward from Bitcoin Bitcoin – $ 51.57 million.

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Trust Bitcoin Mini Trust has seen a slightly smaller flow of 412 BTC worth 36,452,878 dollars. These two are the only inventive investment boxes with flows today. And others face great output flows. Fidelity has seen zero flows as well as the ARK ETF. BitWise 76 Bitcoins, Invesco Galaxy and Grayscale lost 9 and 8 BTC marginal. The largest outflows are pressed on the Valkyre Bitcoin box – minus 670 Bitcoins at a value of $ 59,306,711.

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