Blackrock's Ishares Bitcoin Trust, known as IBIT, is making waves in the financial world. On Monday, Bloomberg highlighted its unprecedented success, calling it the "greatest launch" in ETF history. This achievement places Bitcoin at the forefront of mainstream finance.
Blackrock, the globe's largest asset manager, saw its assets under management reach an all-time high of $11.5 trillion by the close of Q3 2024. This is largely due to significant net inflows, underscoring the growing acceptance and investment in Bitcoin.
