Data: As of Q4 2024, 1,041 institutions hold BlackRock IBIT, with a quarter-on-quarter increase of 55%

ChainCatcher news, according to Trader T statistics, in the fourth quarter of 2024, 1,041 institutions reported holding BlackRock's Bitcoin spot ETF IBIT, an increase of 55% from 672 in the third quarter of 2024.

In addition, institutions doubled their Bitcoin holdings in the fourth quarter, reaching 166,000 Bitcoins, with 30% of the share held by reporting institutions, compared to 19% in the third quarter (+58%).