BlackRock's Bitcoin exchange-traded fund iShares Bitcoin ETF (IBIT) has surpassed the asset size of its gold exchange-traded fund iShares Gold ETF (IAU), achieving this milestone in just 10 months. The IAU was launched in January 2005.

PANews, November 9, reported that Nate Gerac, president of The ETF Store, disclosed on the X platform that the assets of BlackRock's Bitcoin exchange-traded fund iShares Bitcoin ETF (IBIT) have surpassed those of its gold exchange-traded fund iShares Gold ETF (IAU), achieving this in just 10 months since its launch, while IAU was initiated in January 2005.

BlackRock's Bitcoin ETF has surpassed its gold ETF in asset size, achieving this in just 10 months.

BlackRock's Bitcoin ETF has surpassed its gold ETF in asset size, achieving this in just 10 months.