Since January 2024, BlackRock's spot Bitcoin ETF has shown impressive growth! 🚀 In a tweet, Kim Yong Joo, CEO of CryptoQuant, noted that IBIT's AUM is nearly double that of BlackRock's gold ETF, which took 20 years to achieve.
IBIT reached $58.57 billion AUM in less than a year, breaking the record for growth speed. This is due to the rise in the price of Bitcoin, which has first reached $100,000. 📈
IBIT has also become the largest Bitcoin ETF, surpassing Grayscale Bitcoin Trust in just 96 days.