BlackRock's Bitcoin ETF Holds $59.31 Billion in BTC, Average Entry Around $89,000

Arkham data shows BlackRock's Bitcoin ETF currently holds Bitcoin valued at $59.31 billion, with an average purchase price of about $89,000 per coin. As Bitcoin rebounded, the fund's holdings recovered sharply after bottoming on Feb. 25, rising by more than $11 billion since that low.