According to PANews, data released by Bloomberg analyst Eric Balchunas indicates that as of June 3, BlackRock's Bitcoin Spot ETF (IBIT) has reached a significant milestone. With an asset size of $72.4 billion, it has entered the list of the top 25 largest ETFs in the United States, becoming the youngest product on the list at just 1.4 years old. Balchunas suggests that by the end of next year, IBIT could surpass the Satoshi wallet to become the largest Bitcoin holder globally. Analysts believe this achievement underscores the ETF's strong appeal in terms of convenience, low fees, high liquidity, and trust.

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