Here Are The Records BlackRock Bitcoin ETF Broke This Year

Quick Summary:

BlackRock’s iShares Bitcoin Trust (IBIT) marked an extraordinary debut in 2024, becoming the fastest-growing exchange-traded fund (ETF) in history.

Within 11 months of its launch, the fund amassed over $50 billion in assets under management, setting a new benchmark for ETF performance.

BlackRock’s reputation as the world’s largest asset manager, with over $11 trillion under management, provided a strong endorsement for the cryptocurrency ETF market.

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Article Details

Author / Journalist: Ronny Mugendi

Category: Crypto

Markets: India

Topics: Bitcoin News Blackrock Bitcoin ETF Crypto ETFs 24/7 Cryptocurrency News Bitcoin ETF

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-30 @ 16:33:29 (3 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 466 words

Reading Time: 3 minutes read

Sentences: 38 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 24743617

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