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BlackRock's Bitcoin ETF Hits Another Major Milestone

BlackRock's Bitcoin exchange-traded fund (ETF) has reached over $40 billion in total assets in just 211 days, breaking the previous record held by another ETF. The success of the Bitcoin ETF has put it in the top 1% of all ETF products by total assets, despite being launched just 10 months ago. The Bitcoin ETF is now larger than 2,800 ETFs launched in the past 10 years. Additionally, U.S. ETFs as a whole have seen significant inflows, with a potential to break the all-time annual record.

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