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Hypothetical $10 Billion IBIT Inflow Would Represent About 122,000 BTC

Hypothetical $10 Billion IBIT Inflow Would Represent About 122,000 BTC

Photo: TokenPost

At Oct. 19 fund values, a hypothetical $10 billion in new shares for BlackRock’s iShares Bitcoin Trust ETF (IBIT) would add Bitcoin (BTC) exposure equivalent to roughly 122,000 BTC. The figure describes a scenario, not a recorded inflow. It shows the scale of new fund shares that $10 billion could support at a particular valuation. It does not describe a single purchase on a bitcoin exchange or establish how much the asset’s price would change. On Oct. 19, an IBIT basket was valued at $1,852,812.32 and represented 22.64 BTC. Each basket contains 40,000 fund shares.

Source: TokenPost

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