BlackRock’s IBIT poised to set fastest path to $100B AUM

BlackRock’s iShares Bitcoin Trust (IBIT) is approaching the $100B AUM mark and—if it closes above it—would set a speed record for ETFs reaching that ￰0￱ and pace Launched in January 2024, IBIT has scaled to the threshold in under two years, surpassing the multi-year timelines typical of prior large ￰1￱ and mechanics IBIT is a spot Bitcoin ￰2￱ market creations/redemptions occur in-kind with BTC via authorized participants, so sustained net creations reflect incremental coin demand alongside price ￰3￱ context Strong, recurring inflows into ￰4￱ Bitcoin ETFs, institutional adoption, and IBIT’s liquidity advantages have reinforced a flywheel of tighter spreads and deeper depth relative to peers.