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BlackRock’s Bitcoin ETF Surpasses Its Gold Fund In Net Assets
- BlackRock's Bitcoin ETF, IBIT, has exceeded its gold fund, IAU, in terms of net assets.
- IBIT currently holds net assets of nearly $33.2 billion, while IAU has $32.9 billion.
- This achievement is remarkable considering IBIT was launched in January 2024, whereas IAU started trading in January 2005.
- BlackRock's Bitcoin ETF also leads the US market, followed by Grayscale's GBTC and Fidelity.
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