Blackrock's $IBIT Dominates as Bitcoin's Leading Layer 2 Solution

According to BitMEX Research, Blackrock's $IBIT is currently the most significant, popular, and liquid layer 2 solution for Bitcoin. The $IBIT has over 330,000 BTC locked in a custodial traditional finance (TradFi) smart contract, surpassing Ethereum in this regard.
SourceBitMEX Research
@BitMEXResearchFiltering out the hype with evidence-based reports on the cryptocurrency space, with a focus on Bitcoin.