Crypto
IBIT First Spot BTC ETF to Reach $2B in AUM
![](https://blacknewsdaily.com/wp-content/uploads/2024/01/ALWD5SKMINH37KIJLFM4XE3HUU-780x470.jpeg)
Investors added about $170 million to IBIT on Thursday, with the fund purchasing nearly another 4,300 bitcoin (BTC), pushing total tokens held to 49,952. With the price of bitcoin rising well above the $40,000 level early Friday, that brought AUM to above $2 billion.