BlackRock’s Bitcoin Spot ETF IBIT Poised to Hit $100 Billion This Summer, Says Bloomberg Analyst
2025-07-14 12:36:45
Main Idea
BlackRock's Bitcoin Spot ETF (IBIT) is on track to reach $100 billion in assets under management this summer, driven by strong investor interest and rapid growth since its launch.
Key Points
1. BlackRock's Bitcoin Spot ETF (IBIT) could hit $100 billion in assets under management this summer.
2. The fund's current valuation is approximately $88 billion.
3. IBIT was launched just 18 months ago and has become the 20th largest ETF in the U.S.
4. It is BlackRock’s 7th largest and most profitable ETF.
Description
BlackRock’s Bit spot ETF (IBIT) is rapidly gaining traction in the investment community, with Bloomberg Intelligence ETF Senior Analyst Eric Balchunas highlighting its potential to surpass $100 billion in assets
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