EddieJayonCrypto

 6 Dec 24

tl;dr

BlackRock’s iShares Bitcoin Trust (IBIT) has become the fastest exchange-traded fund (ETF) to reach $50 billion in assets under management (AUM), achieving this milestone in just 228 days. IBIT currently holds $50.60 billion in AUM, reflecting heightened investor confidence in Bitcoin exposure throu...

BlackRock’s iShares Bitcoin Trust (IBIT) becomes the fastest ETF to reach $50 billion in AUM

BlackRock’s iShares Bitcoin Trust (IBIT) has become the fastest exchange-traded fund (ETF) to reach $50 billion in assets under management (AUM), achieving this milestone in just 228 days. IBIT currently holds $50.60 billion in AUM, reflecting heightened investor confidence in Bitcoin exposure through traditional financial instruments. This rapid growth aligns with increased institutional investment in Bitcoin, with the total net asset value (NAV) of spot Bitcoin ETFs standing at $108.23 billion.


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