![BlackRock Dedicates $100K in Initial Seed Funding for Proposed Spot Omkar Godbole](https://btcusa.com/wp-content/uploads/2023/12/BlackRock-Dedicates-100K-in-Initial-Seed-Funding-for-Proposed-Spot-678x381.jpeg)
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Investors added about $170 million to IBIT on Thursday, with the fund purchasing nearly another 4,300 bitcoin (BTC), pushing total tokens held to 49,952. With the price of bitcoin rising well above the $40,000 level early Friday, that brought AUM to above $2 billion.
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