The BlackRock Bitcoin ETF, known as IBIT, is nearing a significant milestone of $50 billion in assets under management, in under a year since its inception. This remarkable growth places it among the top three ETF launches in 2024, showcasing its explosive market adoption.
Daily inflows into the IBIT continue to grow, attracting investors and triggering widespread market interest. Analysts are now considering the potential for Bitcoin's price to reach new heights, potentially hitting the $100,000 mark.
