Odaily Planet Daily News: Bloomberg ETF Senior Analyst Eric Balchunas posted on platform X stating that the scale of BlackRock's Bitcoin spot ETF IBIT could reach $100 billion this summer, and it might actually happen this month. Thanks to recent capital inflows and the rise in overnight market conditions, its scale has already reached $88 billion. Founded just a year and a half ago, it has now become the 20th largest ETF in the United States and BlackRock's 7th largest ETF (also the highest ranked ETF in terms of profitability).