BlackRock's Bitcoin ETF Impresses with Rapid Growth 🚀

- Since its launch in January 2024, BlackRock's Bitcoin ETF, IBIT, has experienced tremendous growth, reaching $58.57 billion AUM, nearly double their gold fund IAU in 20 years.

- IBIT has broken the record for the fastest to reach $50 billion AUM in history, taking only 228 days compared to the previous fund IEFA's 1,329 days.

- This success has been driven by soaring Bitcoin prices, which first reached $100,000 on December 5 and continued to rise to $108,200.

- IBIT has also surpassed Grayscale Bitcoin Trust, becoming the largest Bitcoin ETF with 549,920 BTC. 🌟