BlackRock's $26B Bitcoin ETF Becomes Fastest-Growing Fund in History

BlackRock's $26B Bitcoin ETF Becomes Fastest-Growing Fund in History

Wall Street’s appetite for Bitcoin-related investment vehicles surged last week as BlackRock’s spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT), recorded $1.1 billion in new inflows. This pushed total assets under management (AUM) for IBIT to $26 billion, solidifying its position as the fastest-growing exchange-traded fund (ETF) in financial history. Bitcoin (BTC) has emerged as a key focus for BlackRock, the world’s largest asset manager, ...

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