BlackRock’s iShares Bitcoin Trust (IBIT) has reached a groundbreaking milestone in the ETF sector. As reported by Bloomberg, the fund accumulated over $50 billion in assets within a stunningly short span of just 11 months since its launch in 2024.
This rapid growth has positioned IBIT as the most successful exchange-traded fund debut in history, surpassing traditional investment vehicles. It showcases the increasing inclination of institutional investors towards leveraging Bitcoin as part of their investment portfolios, highlighting a significant shift in the financial landscape.
