BlackRock's IBIT Surpasses Largest Silver ETF SLV in Assets Under Management
According to Foresight News, BlackRock's IBIT has surpassed the largest silver ETF, SLV, in assets under management (AUM), with approximately $10.03 billion, ranking third among commodity ETFs. In addition, Fidelity's FBTC, ARK 21Shares' ARKB, and Bitwise's BITB are ranked fifth, ninth, and eleventh, respectively.
The growth in AUM for BlackRock's IBIT highlights the increasing interest in digital assets and their potential to outperform traditional commodities. As more investors turn to digital assets for diversification and potential returns, the rankings of these ETFs are expected to continue evolving.
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