BlackRock’s IBIT Becomes Fastest ETF to Cross $80 Billion in Assets

BlackRock’s iShares Bitcoin Trust (IBIT) has officially crossed the $80 billion mark in assets under management (AUM), setting a new record for speed in the ETF space. The milestone, reached on July 11, comes just 374 days after the fund’s launch—making IBIT the fastest ETF in history to hit this level. BlackRock’s Bitcoin ETF Climbs Into World’s Top 25 Funds Notably, the previous record-holder, Vanguard’s S&P 500 ETF (VOO), took nearly five times longer to reach the same threshold. According to Bloomberg ETF analyst Eric Balchunas, IBIT’s rapid ascent signals a major shift in how investors are accessing Bitcoin source: https://beincrypto.com/blackrocks-bitcoin-etf-ibit-becomes-fastest-asset/