The iShares Bitcoin Trust (IBIT), BlackRock's ETF, has reached an impressive milestone: over $20 billion in net inflows since its launch in January 2024. The fund now surpasses the famous ARK Innovation ETF (ARKK) by Cathie Wood and positions itself as the fastest-growing ETF of all time.
š While ARKK attracted around $14.5 billion over 10 years, BlackRock's IBIT achieved this in just six months, driven by growing institutional interest in Bitcoin.