BlackRock, the world’s largest asset management company, has seen its spot Bitcoin 
$104,276 ETF, IBIT, reach an impressive asset size of $57.8 billion in just one year. In contrast, the company’s gold ETF, IAU, which has been in the market for 20 years, remains at $33.2 billion. This development highlights the increasing institutional interest in cryptocurrencies.
Spot Bitcoin ETF Grows at Unprecedented Speed
BlackRock launched its gold ETF in 2005, which has consistently attracted investors seeking a safe haven. However, by 2024, the spot Bitcoin ETF has surpassed this growth within a single year.
Spot Bitcoin ETF vs Gold ETFAccording to data from the crypto analysis platform CryptoQuant, the s...
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