BlackRock Bitcoin Spot ETF IBIT ranks among the top 25 ETFs in the United States, with assets reaching US$72.4 billion in just 1.4 years since its establishment

News: According to data released by Bloomberg analyst Eric Balchunas, as of June 3, BlackRock's Bitcoin spot ETF (IBIT) has entered the top 25 ETF list in the United States with assets of $72.4 billion, becoming the youngest product on the list, having been established for only 1.4 years. Balchunas pointed out that IBIT is expected to surpass the Satoshi Nakamoto wallet and become the largest Bitcoin holder globally by the end of next year. Analysts believe that this achievement reflects the strong appeal of ETFs in terms of convenience, low fees, high liquidity, and trust.