BlackRock's iShares Bitcoin ETF (IBIT) has achieved a significant milestone by surpassing the iShares Gold ETF (IAU) in net assets in less than a year.
This achievement highlights the growing investor interest and confidence in cryptocurrencies, particularly Bitcoin, as a viable investment alternative to traditional assets like gold.
The iShares Gold ETF has been a benchmark for over two decades, making IBIT's swift growth even more noteworthy in the context of shifting financial strategies.
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