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BlackRock's Bitcoin ETF becomes fastest-ever ETF to accumulate $70 billion


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Published in Stocks and Investing on by Fortune   Print publication without navigation

BlackRock's IBIT reached the mark five times faster than State Street's gold fund.

In June 2025, BlackRock's iShares Bitcoin Trust became the fastest exchange-traded fund (ETF) to reach $70 billion in assets under management, achieving this milestone in just 18 months since its launch in January 2024. This rapid growth underscores the increasing mainstream acceptance and institutional interest in Bitcoin, with BlackRock's ETF outperforming other Bitcoin ETFs and even traditional ETFs like the SPDR S&P 500 ETF Trust, which took nearly three years to reach the same asset level. The success of BlackRock's Bitcoin ETF is attributed to the firm's strong brand reputation, extensive distribution network, and the growing demand for regulated crypto investment vehicles among both retail and institutional investors.

Read the Full Fortune Article at:
[ https://fortune.com/crypto/2025/06/09/blackrock-bitcoin-etf-fastest-70-billion/ ]

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