BlackRock Bitcoin ETF IBIT reached $40 billion in market cap (just two weeks after hitting $30 billion) in a record 211 days, breaking the previous record of 1,253 days held by IEMG.
IBIT is now in the top 1% of ETFs in terms of asset size in just 10 months, making it larger than all 2,800 ETFs launched in the last 10 years.
Source X @ EricBalchunas