Editor's PiCK
BlackRock IBIT surpasses AUM of 50 European regional ETFs…"Remarkable Achievement"
Suehyeon Lee
Summary
- BlackRock's IBIT ETF has achieved the feat of surpassing the total assets under management of 50 European regional ETFs.
- This ETF surpassed $50 billion in just 228 days after its launch, marking the fastest achievement among ETFs in history.
- The industry evaluates this remarkable achievement as indicative of BlackRock's strong market impact.
BlackRock's Bitcoin (BTC) spot ETF, IBIT, has surpassed the assets under management (AUM) of 50 European regional ETFs.
On the 11th (local time), Eric Balchunas, a Bloomberg ETF analyst, reported on his X (formerly Twitter) that "BlackRock IBIT has achieved the remarkable feat of surpassing the total AUM of more than 50 European regional ETFs."
Previously, BlackRock surpassed $50 billion in AUM just 228 days after its launch, achieving the fastest $50 billion milestone among ETFs in history.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
