BlackRock Achieves Historic Milestone: iBIT ETF Reaches $70 Billion!
Key Points:
• BlackRock's iShares Bitcoin Trust (iBIT) surpasses $70 billion in assets under management.
• It becomes the fastest ETF in history to reach this figure, outperforming all previous equity and bond funds.
Impact:
• It proves that institutional demand for Bitcoin is still at its peak.
• It enhances Bitcoin's position as a major investment asset in global portfolios.
#BlackRock #BitcoinETF #iBIT #InstitutionalAdoption
