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BlackRock's bitcoin ETF, IBIT, hit $70B in assets in just 341 days. It's the fastest ETF to reach this milestone, beating GLD's record by 5x. GLD, the top gold ETF, took 1691 days to hit the same mark. Launched in Jan 2024, IBIT now holds 2.8% of all bitcoin. BlackRock manages the crypto for clients but doesn't own it directly.
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