BlackRock's Bitcoin ETF has surpassed its gold ETF in asset size, achieving this in just 10 months.
According to TechFlow news, Nate Geraci, president of The ETF Store, disclosed 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). Geraci stated on social media: "The assets of iShares Bitcoin ETF (IBIT) have now exceeded those of iShares Gold ETF (IAU). This achievement took only 10 months. In comparison, IAU was launched in January 2005. This development is absolutely astonishing."
BlackRock's Bitcoin ETF has surpassed its gold ETF in asset size, achieving this in just 10 months.
According to TechFlow news, Nate Geraci, president of The ETF Store, disclosed 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). Geraci stated on social media: "The assets of iShares Bitcoin ETF (IBIT) have now exceeded those of iShares Gold ETF (IAU). This achievement took only 10 months. In comparison, IAU was launched in January 2005. This development is absolutely astonishing."
