BlackRock’s IBIT Nears Satoshi-Level Bitcoin Holdings, Binance Watches Institutional Dominance

BlackRock’s iShares Bitcoin Trust (IBIT) has rapidly accumulated over 621,000 BTC since its launch in January 2024, now holding approximately 2.96% of Bitcoin’s total supply. With $64.5 billion in assets under management, IBIT’s holdings are second only to the legendary stash of Bitcoin creator Satoshi Nakamoto. This staggering growth highlights the increasing institutional dominance in the Bitcoin market, with IBIT’s holdings surpassing those of major players. As Binance and other exchanges observe these developments, the cryptocurrency landscape continues to evolve, driven by large-scale institutional investments.

BlackRock Nears Satoshi Nakamoto’s Bitcoin Holdings, Dominates Institutional BTC Exposure

BlackRock’s iShares Bitcoin Trust (IBIT) has amassed over 621,000 BTC since its January 2024 launch, now holding roughly 2.96% of Bitcoin’s total supply. At $64.5 billion in assets under management, the fund trails only the mythical stash of Bitcoin creator Satoshi Nakamoto in size.

The rapid accumulation underscores institutional dominance in bitcoin markets. IBIT’s holdings exceed those of major crypto exchanges and rival nation-state reserves, cementing BlackRock’s position as a gatekeeper for traditional finance’s Bitcoin exposure.

BNB Targets $1K as Unstaked Presale Outshines Market with $7M Raise

Binance Coin (BNB) has breached a critical trendline, setting its sights on the $1,000 psychological barrier. chainlink (LINK) hovers below its $16 resistance level, consolidating gains amid broader market optimism. Both assets ride a wave of bullish momentum, yet neither matches the explosive potential of Unstaked—a newcomer dominating presale activity with $7 million raised.

Unstaked’s Stage 15 pricing at $0.009831 offers early investors a projected 28x return at its $0.1819 launch price. A $1 million Gleam competition further cements its status as the most compelling presale opportunity. The market’s appetite for high-growth narratives remains insatiable.