Crypto Daily – BlackRock (NYSE:)’s iShares Trust (IBIT) set a record as the most successful ETF launch in history, surpassing $50 billion in assets within 11 months, dominating both spot and options markets, and fueling Bitcoin’s price surge to an all-time high.
Unprecedented Growth for iShares Bitcoin Trust
The iShares Bitcoin Trust (IBIT) has set a new standard in the ETF industry, achieving over $50 billion in assets under management (AuM) within 11 months of its launch in 2024. This milestone establishes IBIT as the most successful ETF debut in history, surpassing any other product’s growth trajectory.
Bitcoin spot ETFs, introduced in January 2024, have rapidly become one of the most sought-after investment vehicles. Cumulatively, spot ETFs have attracted $35.24 billion in inflows and currently hold $106.24 billion in net assets. Among these, IBIT leads the market, recording the highest inflows and demonstrating unparalleled investor enthusiasm.
