"IBIT Expected to Surpass $100 Billion in Assets Under Management This Month"

Son Min

Summary

There is an outlook that the assets under management (AUM) of IBIT, BlackRock’s spot Bitcoin (BTC) ETF, could surpass $100 billion within this month.
Analyst Eric Balchunas highlighted the recent trend of capital inflows, stating that IBIT’s AUM ranks 20th among all ETFs in the U.S. and 7th among all BlackRock ETFs.
IBIT ranked as BlackRock’s most profitable ETF, showing remarkable growth in just a year and a half.

There is a claim that the assets under management (AUM) of IBIT, BlackRock’s spot Bitcoin (BTC) ETF, could surpass $100 billion this month.

On the 14th (local time), Eric Balchunas, a Bloomberg ETF analyst, stated via X (formerly Twitter), "Until last week, I forecasted that IBIT's AUM would surpass $100 billion sometime this summer," but added, "Given the current inflow trend, reaching $100 billion this month is possible."

He evaluated that the spot Bitcoin ETF has achieved significant growth within just a year and a half of its launch. Balchunas commented, "Due to recent capital inflows, IBIT’s AUM has reached $88 billion in just a year and a half," adding, "It ranks 20th among all ETFs in the U.S., and 7th among all BlackRock ETFs." He also said, "It is the most profitable ETF for BlackRock," and praised it as "an incredible rate of growth."

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