金珍妮

06/11 01:00

IBIT Rockets Past $70B While $1.1B in Shorts Hang

IBIT Rockets Past $70B While $1.1B in Shorts Hang by a Thread
BlackRock’s IBIT ETF breaks records at $70B AUM while $1.1B in Bitcoin shorts teeter near liquidation as BTC approaches key levels.

• BlackRock’s IBIT ETF shattered records by hitting $70B AUM in 341 days, showing explosive institutional demand for Bitcoin.
• Over $1.1B in Bitcoin shorts risk liquidation as BTC nears $110K, triggering fears of a massive short squeeze in the market.
• High leverage positions in BTC futures raise volatility risk as price action approaches critical liquidation clusters on both ends.
• BlackRock’s IBIT spot Bitcoin ETF has made history, surpassing $70 billion in assets under management within just 341 days. This marks the fastest ascent ever by an ETF, outpacing industry giants like GLD, VOO, and IEMG. The rapid surge highlights a seismic shift in Wall Street’s appetite for Bitcoin exposure. Consequently, institutional demand has entered a new phase, breaking traditional investment growth records in less than a year.

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