BlackRock’s IBIT Surpasses $100 Billion in Bitcoin Assets, Setting New Record

BlackRock’s IBIT cryptocurrency exchange-traded fund (ETF) has hit a significant milestone, surpassing the $100 billion asset under management (AUM) mark just 435 days after its launch. This rapid growth highlights surging demand for Bitcoin exposure and marks IBIT as Blackrock’s fastest-growing ETF ever, leaving long-standing funds behind.