The iShares Bitcoin Trust (IBIT) under BlackRock quickly became the market focus after its launch in 2024. In just 11 months, its assets ballooned to over $50 billion, breaking industry records. 📈

Todd Sohn of Strategas Securities pointed out that the scale of IBIT is equivalent to the total assets of more than 50 ETFs focused on the European market, which is remarkable. Nate Geraci from The ETF Store referred to it as 'the greatest issuance in ETF history.' 🌟

Bloomberg Intelligence analyst James Seyffart stated that the growth rate of IBIT is unprecedented, with an expected annual income of about $112 million. With the support of the world’s largest investment company, BlackRock, the price of Bitcoin has broken the $100,000 mark for the first time, attracting more institutional and individual investors' attention. 💼