The assets managed by BlackRock IBIT have exceeded 50 billion US dollars
On December 5, the assets managed by BlackRock's IBIT exceeded $50 billion, achieved in just 228 days, five times faster than any other ETF in history. Bloomberg senior ETF analyst Eric Balchunas said that in comparison, the previous record holder, BlackRock's iShares Core MSCI EAFE ETF (IEFA), took 1,329 days to reach the same asset amount.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AAVE Price Eyes $160 After V4 Deposits Top $900M

HYPE Price Eyes $100 After $28.8M Whale Accumulation

ZEC Price Eyes $1,500 as Mining Profitability Surges

Analyst to XRP Holders: The Next Move Could Be Explosive If This Wall Holds