BlackRock’s Bitcoin ETF Overtakes Gold ETF in Assets Amid Bitcoin Surge
BlackRock’s iShares Bitcoin Trust (IBIT) has recently outpaced its iShares Gold Trust (IAU) in total assets, marking a significant milestone for the asset management giant. According to data shared by BlackRock, IBIT, which launched earlier this year, now holds $33.2 billion in net assets, slightly more than the $32 billion held by the IAU, BlackRock’s …
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