IBIT ETF Achieves Record-Breaking Growth

According to BlockBeats, Bloomberg ETF analyst Eric Balchunas reported that IBIT surpassed the $80 billion mark last night, becoming the fastest ETF in history to reach this milestone. It achieved this in 374 days, significantly outpacing the previous record held by VOO, which took 1,814 days. Currently, IBIT's market value stands at $83 billion, ranking it as the 21st largest ETF globally.