BlackRock's Bitcoin ETF (IBIT) now has more assets under management (AUM) than all 50+ regional ETFs in the European market combined. This highlights the unprecedented rise of IBIT, which has surpassed these regional ETFs that have been around for 20 years. This statistic was revealed by ETF analyst Todd Sohn, who compared the viability and performance of the regional ETFs to the success of Bitcoin products. IBIT has been leading the surging Bitcoin ETF market since its launch in January and has had consistent momentum. In November, Bitcoin ETFs had a record-high net inflow of $6.1 billion, with the largest inflow coming from IBIT. Currently, BlackRock's fund has over $51 billion in net assets, representing nearly half of the entire spot Bitcoin ETF market size in the US. This indicates the growing institutional acceptance of Bitcoin and crypto, while the underperformance of European ETFs reflects the EU's harsh stance on crypto.



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