CoinVoice has recently learned that Eric Balchunas, a senior ETF analyst at Bloomberg, stated on social media that the size of BlackRock's Bitcoin spot ETF IBIT could reach $100 billion this summer, and it might even be achieved this month.

Thanks to recent inflows and the rise in overnight markets, its size has already reached $88 billion. Established only 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 its most profitable ETF). It's truly unbelievable. [Original link]