BlackRock Bitcoin ETF Surpasses $50 Billion in Assets

BlackRock's iShares Bitcoin Trust (IBIT) has achieved a historic milestone, surpassing $50 billion in assets under management just 11 months after its launch, making it the fastest-growing ETF in history. Despite a series of withdrawals totaling $332.6 million on its first trading day of 2025, IBIT remains a dominant player, with a total of $36.9 billion in inflows since inception. Analysts highlight that IBIT's rapid growth outpaces that of more established ETFs, with some predicting it could surpass the largest gold ETF by 2025 if Bitcoin prices stabilize. The fund's success has redefined institutional interest in Bitcoin and cryptocurrencies, following a long struggle for ETF approvals in the U.S. The broader Bitcoin ETF market saw mixed performance, with other funds experiencing varying degrees of inflows and outflows. Overall, IBIT's unprecedented growth reflects a significant shift in the investment landscape toward digital assets.