BlackRock’s Spot Bitcoin ETF Nears $100 Billion, Setting a New Record for Profitability
The spot Bitcoin ETF managed by BlackRock is on the verge of reaching $100 billion in assets under management (AUM), marking a historic achievement as the company’s most profitable exchange-traded fund so far. Summary Launched in January 2024, the iShares Bitcoin Trust (IBIT) has quickly become a dominant player in the ETF market. In less … Read more
