As of Q4 last year, 1,041 institutions reported holding BlackRock IBIT, a 55% increase from the previous quarter.

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ODAILY
02-17
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Odaily reports that Trader T posted on X, stating that the institutional holdings change of BlackRock's Bitcoin ETF IBIT indicates that traditional financial institutions have made progress in adopting Bitcoin, against the backdrop of the Trump administration's friendly attitude towards Bitcoin: · In Q4 2024, 1,041 institutions reported holding IBIT, up 55% from 672 in Q3 2024; · Institutions doubled their Bitcoin positions in Q4, reaching 166,000 BTC; · 30% of the holdings were held by the reporting institutions, up from 19% in Q3 (a 58% increase).

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