BlackRock Spot Bitcoin ETF Surges in Popularity
BlackRock, the leading asset management firm globally, has reported its spot Bitcoin ETF, IBIT, has skyrocketed to an astonishing asset total of $57.8 billion within just one year. This compares significantly to the firm’s gold ETF, IAU, which has accumulated $33.2 billion over two decades, reflecting a notable trend of increasing institutional engagement in digital…