New Record: BlackRock's Bitcoin ETF Hits $80 Billion Faster Than Ever!
The crypto market has just received extremely positive news: BlackRock's Bitcoin ETF (#IBIT ) has become the fastest ETF to reach $80 billion in history, taking only 374 days – five times faster than the previous record set by the Vanguard-managed S&P 500 ETF (which took 1814 days).
As of now, IBIT has held $83 billion, ranking 21st out of 4,000+ ETFs in the U.S., demonstrating the strong appeal of $BTC in the mainstream investment portfolio.
Not only IBIT, the total assets under management of all Spot Bitcoin ETFs have also surpassed $140 billion for the first time, with over $1 billion in new cash flow just overnight – proof that significant capital continues to flow into crypto despite volatility.
Not stopping there, the Ethereum ETF also set a new record with $383.1 million in cash flow in a single day – the highest ever for a fund #ETFEthereum .
These numbers show that institutional investor interest and confidence in digital assets are expanding strongly, promising a brighter outlook for the entire crypto market in the upcoming period.
Investing in cryptocurrency carries high risk due to significant price volatility.
