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BlackRock’s iShares Bitcoin Trust Shatters ETF Growth Record, Surpassing $70 Billion in Just 341 Days Bitcoin Magazine 5 days ago

BlackRock’s iShares Bitcoin Trust Shatters ETF Growth Record, Surpassing $70 Billion in Just 341 Days 📈

BlackRock’s iShares Bitcoin Trust (IBIT) has made significant waves in the financial sector by amassing over $70 billion in assets under management. This achievement was realized in just 341 trading days, setting a new benchmark in the ETF space.

The previous record-holder, SPDR Gold Shares, took 1,691 days to reach the same milestone, showcasing the rapid growth and interest in cryptocurrency-based investment vehicles.

This landmark growth underlines the increasing acceptance and mainstream attention that Bitcoin and digital assets are garnering in the financial markets.

Source: bitcoinmagazine.com ↗

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