BlackRock's iShares Bitcoin Trust (IBIT) has achieved an unprecedented feat in the ETF world by accumulating over $50 billion in assets in just 11 months since its inception. This remarkable growth story highlights not just IBIT's dominance in the ETF sector but also its significant influence on the Bitcoin markets, including both spot and options.
IBIT's incredible launch has been a catalyst for Bitcoin’s price, pushing it to uncharted territory and setting a new all-time high. The trust’s success underscores a growing institutional interest and belief in the potential of Bitcoin as a major financial asset.
