BlackRock’s Bitcoin ETF Reaches $70 Billion AUM, Breaking Records for Fastest Growth

BlackRock’s iBIT Bitcoin ETF has achieved a remarkable milestone, surpassing every other ETF in history to reach $70 billion in assets under management (AUM) within record time. This achievement showcases BlackRock’s dominance in ETF distribution and highlights the unprecedented demand from institutional investors for Bitcoin exposure. Comparatively, traditional ETFs like the S&P 500, MSCI EAFE, and even gold-focused trusts took significantly longer to reach such substantial AUM levels.