Summary
- It was reported that BlackRock's Bitcoin Spot ETF assets under management grew to twice the size of BlackRock's Gold Spot ETF in just one year.
- Joo Ki-Young, CEO of CryptoQuant, explained that it took 20 years for BlackRock's Gold ETF IAU to reach $33 billion AUM.
- The rapid growth of the Bitcoin Spot ETF is drawing attention in the market.
BlackRock's Bitcoin Spot ETF's assets under management (AUM) have grown to nearly twice the size of BlackRock's Gold Spot ETF's assets under management.
On the 17th (local time), Joo Ki-Young, CEO of CryptoQuant, stated on X, "It took 20 years for BlackRock's Gold ETF, IAU, to reach $33 billion AUM," adding, "The Bitcoin Spot ETF has grown to nearly twice the size of IAU in just one year."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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