BlackRock's physical Bitcoin ETF, IBIT, surpasses $70 billion in assets under management 341 days after launch, becoming the fastest to reach this milestone in history.
According to The Block on the 9th (local time), Bloomberg's chief ETF analyst Eric Balchunas
"We just surpassed $70 billion in IBIT, the fastest ever for an ETF," said Balchunas.
According to Balchunas, this is the first time that the previous record holder, Kim E.
This is about five times faster than the 1,691 days it took the TF GLD to reach the same scale. IBIT, which currently has over $70 billion in assets under management, is by far the largest Bitcoin ETF.
It is leading the way and is overwhelmingly popular in the price-tracking ETF market. According to the Block Data Dashboard, Fidelity's spot Bitcoin ETF is
It follows behind with about $31 billion. IBIT recently recorded 34 consecutive days of net inflows. GLD ETF (SPDR Gold
The Gold Shares is the world's largest gold-based exchange-traded index fund, which was listed on the New York Stock Exchange in 2004.
Currently, he manages assets worth about $100 billion. Meanwhile, gold and Bitcoin are being bought by Donald Trump.
Amid economic uncertainty due to President Trump's tariff policies,
BlackRock's IBIT was officially launched in January 2024, and as of April, it was found to hold approximately 2.8% of the Bitcoin supply.
The company holds this asset in the names of its clients and does not own any Bitcoin in its own name.
2025/06/10 16:08 KST
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