Eric Balchunas from Bloomberg stated that BlackRock's IBIT assets are already comparable to the combined assets of 50 European ETFs created decades ago. Yes, IBIT has ramped up as if to say: "Guys, move aside, I'm in charge here."
Investors are drawn to IBIT because it is reliable, global, and expansive. It seems that BlackRock is showing everyone what true dominance in the ETF market looks like.
What do you think, will competitors be able to counter this, or will BlackRock remain on the throne? Write to us, it's interesting to read! And of course, subscribe — we have the hottest topics here, to the point that even ETFs are starting to blaze!