Bloomberg ETF Analyst: BlackRock's IBIT reached a market value of 40 billion US dollars in just 211 days
On November 13, Bloomberg's senior ETF analyst Eric Balchunas revealed on platform X that BlackRock's IBIT reached a market value of $40 billion in just 211 days (just two weeks ago it had reached $30 billion), breaking the record of 1,253 days held by IEMG. IBIT is now ranked in the top 1% of all ETFs in terms of asset size. Ten months after its establishment, its scale has surpassed all 2,800 ETFs launched over the past decade.
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