
BlackRock’s Bitcoin ETF Outperforms S&P 500 Fund
The debut and explosive growth of BlackRock’s Bitcoin ETF, known as the iShares Bitcoin Trust (IBIT), has marked an unprecedented milestone in both the asset management and cryptocurrency landscapes. Within months of its launch, IBIT became the fastest ETF ever to reach $70 billion in assets under management (AUM), outpacing many traditional ETFs, including those…