According to Bloomberg, the spot Bitcoin ETF IBIT launched by BlackRock is referred to as "the greatest ETF debut of all time." Since its launch in January 2024, the product has quickly become one of BlackRock's largest funds. The success of IBIT has not only driven the price of Bitcoin to surpass $100,000 but has also spurred an investment frenzy in the cryptocurrency sector. In less than a year, IBIT's growth rate has outpaced any of the 1,400 ETFs globally. Analysts say that the success trajectory of IBIT is unprecedented, and it is expected that there will be little competition from similar products in the future.