According to new data from Bloomberg analyst Eric Balchunas, BlackRock’s Bitcoin ETF is now worth over $40 billion in total assets. This puts it in the top 1% of ETFs by AUM, but more importantly, it also crushes other ETFs in speed. The second-fastest ETF to hit $40 billion did so in 1,253 days, just barely faster than third place. IBIT did it in 211; that’s one-sixth the time.

BlackRock’s Bitcoin ETF Surpasses $40 Billion in Assets, Shatters Speed Records

✨ BlackRock's Bitcoin ETF, IBIT, reached $40 billion AUM in just 211 days, setting a record for ETF growth speed.

✨ IBIT now ranks in the top 1% of ETFs by assets, bolstered by BlackRock’s rapid $BTC acquisitions of nearly 9,000 coins in a single day.

✨ With Bitcoin prices over $93,000, IBIT’s rapid growth underscores the ongoing crypto bull market’s historic impact.

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