BlackRock’s IBIT the fasted growing ETF ever

BlackRock's spot Bitcoin exchange-traded fund (ETF), IBIT, has surpassed $70 billion in assets under management (AUM) in just 341 days since its launch, Bloomberg ETF Analyst Eric Balchunas reported via X. Balchunas remarked that this makes it the fastest growing ETF within that timeframe, ever. It has grown to this size five times faster than the world’s largest spot gold ETF, SPDR Gold Trust (GLD).