Bitcoin ETF Breaks Records: BlackRock’s iShares Surpasses All Previous ETFs in Total Assets in Record-Breaking 211 Days

BlackRock’s iShares Bitcoin Trust (IBIT) has become one of the top 1% of ETFs by assets in just 10 months. It has surpassed the total assets of all 2,800 ETFs launched over the last ten years, making it an impressive achievement. IBIT also ranks fourth among US ETFs for 2024 inflows, having attracted more than $28 billion so far.

This success highlights the increasing demand for Bitcoin exposure in mainstream investment portfolios and suggests strong momentum behind digital asset ETFs, potentially making them a lasting fixture in traditional finance.

Source

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *