One easy example of BlackRock’s runaway success is in raw Bitcoin acquisition. The issuers can only create as many ETFs as the underlying assets they actually control, so the industry has been consuming with rapacious gusto. As ETF analyst Shaun Edmondson pointed out, however, BlackRock is the clear leader.

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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