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BlackRock’s IBIT Hits $70 Billion in Record Time, Outpaces Every ETF in History

  • BlackRock's IBIT has reached $70 billion in record time, surpassing every ETF in history.
  • IBIT's achievement far exceeds the asset accumulation speed of major ETFs like VOO, IEFA, GLD, and IEMG.
  • This milestone showcases the institutional rush into digital assets with 12 approved spot Bitcoin ETFs in the U.S. holding a combined AUM of nearly $125 billion.
  • The rapid growth of IBIT not only reflects investor demand for Bitcoin exposure but also highlights BlackRock's dominance in ETF distribution and the increasing popularity of BTC-based financial products.

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