BlackRock’s IBIT Overtakes Binance as Second-Largest Bitcoin Holder

BlackRock’s iShares Bitcoin Trust (IBIT) has surged ahead of Binance to become the second-largest Bitcoin holder, with 636,108 BTC under management. This milestone highlights the growing influence of institutional players in the cryptocurrency market, as IBIT now trails only the legendary Satoshi Nakamoto, whose estimated holdings remain at 1.12 million BTC. The rapid ascent of IBIT past major crypto entities like Binance and MicroStrategy underscores a seismic shift toward institutional dominance in Bitcoin ownership. Bloomberg ETF analyst Eric Balchunas suggests that IBIT could even surpass Nakamoto’s holdings if Bitcoin’s upward trajectory continues. This development marks a pivotal moment in crypto history, as traditional finance giants solidify their foothold in the digital asset space.

BlackRock’s IBIT Surpasses Binance as Second-Largest Bitcoin Holder

BlackRock’s iShares Bitcoin Trust (IBIT) now holds 636,108 BTC, making it the second-largest Bitcoin holder behind only Satoshi Nakamoto’s estimated 1.12 million BTC stash. This positions IBIT ahead of major players like Binance and MicroStrategy, signaling growing institutional dominance in the crypto market.

Bloomberg ETF analyst Eric Balchunas notes the potential for IBIT to overtake Nakamoto’s holdings if Bitcoin’s market performance continues its upward trajectory. The trust currently controls over 3% of Bitcoin’s total supply, a significant milestone for institutional adoption.

Binance Founder Changpeng Zhao Advocates Risk-Aware Crypto Investment Strategy

Changpeng Zhao, founder of Binance, has reignited discussions on risk management in cryptocurrency investments. Emphasizing the volatile nature of digital assets, Zhao outlined a three-pillar strategy focused on survival thresholds, self-education, and personal risk limits.

The market response remained measured, reflecting growing maturity in crypto’s reaction to founder commentary. Zhao’s remarks come amid heightened volatility across financial markets, with Bitcoin and ethereum maintaining relative stability despite broader uncertainty.

Binance, as the world’s largest crypto exchange, continues shaping industry standards through such risk management discourse. The platform’s influence extends across major coins including BTC, ETH, and SOL, which dominate trading volumes globally.