News Explorer — BlackRock's IBIT Breaks Records With Over $50 Billion AUM

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Dec 5, 6:04 am

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BlackRock's IBIT Breaks Records With Over $50 Billion AUM

BlackRock's iShares Bitcoin Trust (IBIT) has reached over $50 billion in assets under management in just 228 days, surpassing the previous record by more than five times. The rapid growth of IBIT aligns with Bitcoin's historic year, breaking the $100,000 mark and attracting new investors.

BlackRock's iShares Bitcoin Trust (IBIT) has reached over $50 billion in assets under management in just 228 days, surpassing the previous record by more than five times. The rapid growth of IBIT aligns with Bitcoin's historic year, breaking the $100,000 mark and attracting new investors.

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