BlackRock’s iShares Bitcoin Trust (IBIT) has shattered records since its January 2024 launch. Amassing over $50 billion in assets in just 11 months, this Bitcoin ETF has become the fastest-growing in the industry, according to Bloomberg. Its rapid success outpaces the growth of traditional funds that have been around for decades. This marks a significant milestone in the world of exchange-traded funds, highlighting the increasing interest and investment in cryptocurrency.
