BlackRock IBIT Reaches $50B AUM event

Event · PageRank 0.0008

Also known as: IBIT $50B milestone, IBIT record AUM

Overview

BlackRock's iShares Bitcoin Trust (IBIT), which launched in January 2024, crossed $50 billion in assets under management within roughly eleven months of listing — the fastest any ETF had reached that level. For comparison, BlackRock's own iShares Core MSCI EAFE ETF took close to four years to do the same. The milestone underlined the scale of institutional and advisor demand channelled into spot Bitcoin exposure after US regulators approved spot bitcoin ETFs in January 2024, and IBIT went on to set further records, including becoming the fastest ETF to reach $80 billion in AUM.

Within the DeFi Intel graph, BlackRock IBIT Reaches $50B AUM connects to 1 tracked entity, most strongly to BlackRock.

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Frequently asked questions

How fast did IBIT reach $50 billion?

About eleven months after its January 2024 launch, making it the fastest ETF ever to reach that asset level.

How does that compare with other ETFs?

BlackRock's iShares Core MSCI EAFE ETF took close to four years to reach $50 billion — roughly five times longer.

Did IBIT keep growing after that?

Yes. IBIT went on to become the fastest ETF in history to cross $80 billion in assets under management.