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The IBIT-ETF has become the fastest ETF in history to reach over $70 billion in assets under management in just 341 days
Just read in Proof of Words that BlackRock currently holds 671,794.9 BTC and has become one of the largest holders of Bitcoin, and by far the largest institutional holder. IBIT-ETF growth is quite impressive. To put that in perspective: It outpaced giants like the SPY and GLD ETFs It's now one of the top 10 ETFs by assets globally All this, for a spot Bitcoin ETF launched less than a year ago Institutional demand seems very real. We’re not early anymore, but we’re still early. submitted by /u/Acceptable-Ship643 [link] [comments]
Just read in Proof of Words that BlackRock currently holds 671,794.9 BTC and has become one of the largest holders of Bitcoin, and by far the largest institutional holder. IBIT-ETF growth is quite impressive. To put that in perspective:
- It outpaced giants like the SPY and GLD ETFs
- It's now one of the top 10 ETFs by assets globally
- All this, for a spot Bitcoin ETF launched less than a year ago
Institutional demand seems very real.
We’re not early anymore, but we’re still early.
[link] [comments]
