The iShares Bitcoin Trust (IBIT) has officially shattered ETF growth records, reaching $70 billion in assets under management (AUM) in just 341 trading days, according to Nate Geraci, president of The ETF Store.
The achievement places IBIT far ahead of other major ETFs in terms of early asset accumulation. By comparison, it took:
- VOO (S&P 500 ETF) 1,701 days
- IEFA (iShares Core MSCI EAFE ETF) 1,773 days
- GLD (SPDR Gold Trust) 1,691 days
- IEMG (iShares Emerging Markets ETF) 2,063 days
“No other ETF even close,” Geraci wrote, calling the numbers “ridiculous.”
A Historic Category Surge
While IBIT leads the pack, it is just one of 12 approved spot Bitcoin ETFs in the U.S. Together, they now hold nearly $125 billion in combined AUM, underscoring the institutional rush into digital assets since regulatory approval was granted in early 2024.
The sharp inflow into IBIT highlights not just investor demand for Bitcoin exposure, but also BlackRock’s dominance in ETF distribution. The chart, originally shared by ETF analyst Eric Balchunas, vividly illustrates how quickly BTC-based financial products have outpaced even traditional equity and commodity ETFs in early-stage adoption.
Source: https://coindoo.com/blackrocks-ibit-hits-70-billion-in-record-time-outpaces-every-etf-in-history/