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Posted by
Two Blokes Jun 10 -
Filed in
Crypto
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BlackRock's iShares Bitcoin Trust (IBIT) has made headlines by amassing a staggering $70 billion in total assets, achieving this milestone faster than any other exchange-traded fund (ETF) in history. This remarkable feat occurred just 341 days after its launch, according to Bloomberg analyst Eric Balchunas, who noted that IBIT reached this figure five times quicker than the previous record holder, State Street's GLD gold ETF, which took nearly 1,700 days.
