BlackRock BTC Fund IBIT is the fastest growing ETF in history! The scale has exceeded $42 billion.

The scale of the BTC ETF IBIT, owned by BlackRock, the world's largest asset management company, has risen 38% in the past seven days. IBIT is considered the fastest-growing ETF in history and holds a leading position in the BTC ETF market. According to Fox Business, as of last Thursday morning, IBIT, the largest BTCSpot ETF in the world under BlackRock, had an asset size of over $42 billion, making it the fastest-growing ETF in history. Investors prefer the convenience of ETFs. A spokesperson for BlackRock, the world's largest asset manager, said, 'Since its launch, the inflow of funds into IBIT has highlighted investors' preference for investing in BTC through the convenience and quality of ETFs. The market's positive expectations for active regulation of BTC and cryptocurrencies have reignited optimism. We remain focused on educating investors and providing convenient and transparent channels for BTC investment.' The company claims that since the election, IBIT has attracted over $3 billion in assets. With Trump taking over the White House in the future, it is expected to bring a more supportive government for cryptocurrencies. Liquidity is favored. Eric Balchunas, senior ETF analyst at Bloomberg, pointed out, 'In addition to the continuous increase in inflows, the volume of IBIT has also reached a historical high. For investors who need to enter and exit the market quickly, this is undoubtedly an important signal of abundant liquidity.' IBIT firmly occupies the market leader position. According to SoSoValue data, IBIT has a net inflow of over $200 million in a single day, a cumulative net inflow of nearly $30 billion, and an asset net value of $44.2 billion, which is more than twice the size of Grayscale. With the continuous influx of funds, IBIT firmly occupies the leading position in the BTC ETF market. SoSoValue related reports: 206 companies hold BTCSpotETF according to the 13F institutional report, and another US company announced investment in BTC, causing the stock price to surge. BTCMarket Cap surpasses silver to become the '8th largest asset' in the world. Analyst: BTCSpotETF is expected to surpass gold ETF in January next year. BTCSpotETF's daily volume breaks $6 billion, and Cryptocurrency Market Cap soars to $200 billion. BlackRock's BTC fund IBIT becomes the fastest-growing ETF in history with a scale exceeding $42 billion. This article was originally published on BlockTempo.