Bitcoin Behemoth: BlackRock Flips OKX and Kraken in BTC Holdings

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Bitcoin Behemoth: BlackRock Flips OKX and Kraken in BTC Holdings
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BlackRock's BTC holdings surpass those of OKX and Kraken exchanges combined

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According to a screenshot posted by Ali, BlackRock's Bitcoin ETF boasts an impressive 243,130 BTC. This figure not only surpasses the holdings of individual exchanges like OKX and Kraken, which came in at 132,500 BTC and 77,300 BTC, respectively, but also the combined total of both, which arrived at 209,800 BTC.

Exchange-traded funds have emerged as a popular vehicle for institutional investors seeking exposure to Bitcoin and other cryptocurrencies, as they provide a more accessible and regulated entry point than outright ownership or investment in cryptocurrency.was up 3.47% in the last 24 hours to $66,948, with $72,000 as the next potential target. According to Ali, a sustained break past $66,990 might trigger Bitcoin's rise toward $72,880.

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