The world-renowned asset management company BlackRock has achieved a new milestone with its Physical Bitcoin Exchange Traded Fund (ETF) IBIT. Latest data shows that IBIT currently holds over 350,500 bitcoins, indicating the sustained growth of investor interest in Bitcoin as an asset allocation. This figure not only reflects BlackRock's ongoing commitment to the cryptocurrency sector but also highlights the increased recognition of Bitcoin as an investment tool in the market. As the cryptocurrency market continues to mature, the involvement of major financial institutions like BlackRock will bring more institutional funds and investment strategies to Bitcoin, further enhancing its position in the global financial markets.