BlackRock’s Bitcoin Fund Becomes Quickest ETF to Top $70 Billion

From Yahoo Finance: 2025-06-13 16:00:00

BlackRock’s iShares Bitcoin Trust (IBIT) becomes the quickest ETF to surpass $70 billion in assets, achieving the milestone in just 341 days after its launch, outpacing other Bitcoin ETFs like Fidelity’s FBTC and Grayscale’s GBTC. The strong investor interest in Bitcoin’s price has led to the success of IBIT and other Bitcoin ETFs, with BlackRock’s Bitcoin ETF surpassing its gold ETF in assets by November. Despite BlackRock’s success, some believe that certain AI stocks offer greater upside potential and less downside risk.



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