BlackRock's Bitcoin ETF Surpasses $70 Billion in Record Time

Reported 2 days ago

BlackRock's iShares Bitcoin Trust (IBIT) has become the fastest ETF to reach $70 billion in assets, achieving this milestone just 341 days after its launch on June 9, 2025. This rapid growth outpaces all other available Bitcoin ETFs, with IBIT generating over $1 billion in assets within its first four days. Despite competition from other firms, BlackRock's fund remains the largest in the market, highlighting significant investor interest in Bitcoin.

Source: YAHOO

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