Congratulations: BlackRock’s IBIT Becomes the Fastest-Growing ETF in History
BlackRock’s iShares Bitcoin Trust (IBIT) has made history by becoming the fastest ETF ever to reach $70 billion in assets under management, achieving this milestone in just 341 days. This record-breaking pace far outstrips other major ETFs, such as SPDR Gold Shares (GLD), which took nearly five years (1,691 days) to reach the same mark, as well as leading funds like Vanguard S&P 500 ETF (VOO), iShares Core MSCI EAFE ETF (IEFA), and iShares Core MSCI Emerging Markets ETF (IEMG).
IBIT’s explosive growth reflects a surge in institutional and retail demand for Bitcoin exposure through traditional investment vehicles, outpacing inflows into more established ETFs and signaling a major shift in investor preferences. This milestone also highlights the growing mainstream acceptance of Bitcoin and digital assets within global financial markets.
