BlackRock’s iShares #Bitcoin Trust has made headlines by amassing the astonishing amount of US$70 billion in total assets, achieving this milestone faster than any other exchange-traded fund or ETF in history.

The feat occurred just 341 days after its launch, according to Bloomberg analyst Eric Balchunas, who noted that IBIT reached this figure five times faster than the previous record holder, State Street's GLD gold ETF, which took nearly 1,700 days.