Title: Blackrock Bitcoin ETF Overtakes Gold Trust — The Asset World Shaken
Post by: Bitcoin on Nov 13, 2024, 04:37 am
Post by: Bitcoin on Nov 13, 2024, 04:37 am
Blackrock Bitcoin ETF Overtakes Gold Trust -- The Asset World Shaken
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), launched in January, has now surpassed the Ishares Gold Trust (IAU) in assets under management (AUM). According to Factset, IBIT reached approximately $34.3 billion on Friday, overtaking IAU's nearly $33 billion. This milestone follows President-elect Donald Trump's victory, with Trump openly supporting cryptocurrency during […]
Source: Blackrock Bitcoin ETF Overtakes Gold Trust -- The Asset World Shaken (https://news.bitcoin.com/blackrock-bitcoin-etf-overtakes-gold-trust-the-asset-world-shaken/)
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), launched in January, has now surpassed the Ishares Gold Trust (IAU) in assets under management (AUM). According to Factset, IBIT reached approximately $34.3 billion on Friday, overtaking IAU's nearly $33 billion. This milestone follows President-elect Donald Trump's victory, with Trump openly supporting cryptocurrency during […]Source: Blackrock Bitcoin ETF Overtakes Gold Trust -- The Asset World Shaken (https://news.bitcoin.com/blackrock-bitcoin-etf-overtakes-gold-trust-the-asset-world-shaken/)