BlackRock's iShares Bitcoin Trust (IBIT), a spot Bitcoin ETF, has reached a significant milestone with over $50 billion in Assets Under Management (AUM). The product achieved this milestone in just 228 days, making it over 5 times faster than any other ETF. This success further solidifies BlackRock's position in the market, and the product has already surpassed Grayscale Bitcoin Trust as the ETF with the largest BTC holdings. The recent surge in the price of BTC above $100,000 has contributed to the inflow of capital into IBIT, which has recorded impressive inflows for the past four consecutive days.



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