iShares Bitcoin $BTC Trust (IBIT) Surpasses Gold ETF in AUM Growth
iShares Bitcoin Trust (IBIT), BlackRock’s Bitcoin ETF, has reached US$57.8 billion in assets under management (AUM) in less than a year. In contrast, BlackRock’s gold ETF, iShares Gold Trust (IAU), took nearly 20 years to reach US$33.2 billion.
This achievement highlights Bitcoin’s growing popularity as an investment asset, particularly among institutional investors, positioning it as a stronger competitor to gold.
The rapid growth of IBIT demonstrates that digital assets like Bitcoin are not only rivaling but also surpassing traditional safe-haven assets such as gold in a significantly shorter timeframe. This milestone reinforces BlackRock’s status as a leader in modern financial innovation.
