{"id":4916,"date":"2024-12-31T10:02:35","date_gmt":"2024-12-31T10:02:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4916"},"modified":"2024-12-31T10:02:35","modified_gmt":"2024-12-31T10:02:35","slug":"blackrocks-bitcoin-fund-breaks-records-with-historic-etf-launch-will-it-surpass-the-worlds-biggest-gold-etf-in-january","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4916","title":{"rendered":"Blackrock&#8217;s Bitcoin Fund Breaks Records With Historic ETF Launch\u2014Will It Surpass The World&#8217;s Biggest Gold ETF In January?"},"content":{"rendered":"<div>\n<p>The <strong>iShares Bitcoin Trust ETF<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/IBIT#NASDAQ\">IBIT<\/a>) by\u00a0<strong>BlackRock Inc.<\/strong>\u00a0(NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/BLK#NYSE\">BLK<\/a>), which debuted earlier this year, has become the most successful exchange-traded fund launch in history, a report said Monday.<\/p>\n<p><strong>What Happened:<\/strong>\u00a0The investment vehicle, which tracks the spot price of the world\u2019s biggest cryptocurrency <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>), exceeded $50 billion in assets under management within its debut year, an unprecedented feat in the 30-year history of ETFs, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-12-30\/blackrock-s-bitcoin-fund-became-greatest-launch-in-etf-history\">according <\/a>to Bloomberg. <\/p>\n<p>IBIT clocked the $50 billion mark five times faster than the next quickest ETF, BlackRock\u2019s\u00a0own<strong> iShares Core MSCI EAFE\u00a0ETF<\/strong> (BATS:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/IEFA#BATS\">IEFA<\/a>), which took nearly four\u00a0years to achieve the same\u00a0milestone, Bloomberg ETF\u00a0analyst <strong>Eric Balchunas<\/strong> stated recently.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24IBIT&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$IBIT<\/a> is now over $50b. It took it 228 days to reach this milestone, the next fastest ETF to reach &#8230;<\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/24\/12\/42737368\/blackrocks-bitcoin-fund-breaks-records-with-historic-etf-launchwill-it-surpass-the-worlds-biggest-gold-etf-in-jan\" alt=\"Blackrock's\" bitcoin fund breaks records with historic etf launch it surpass the world biggest gold in january>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The iShares Bitcoin Trust ETF (NASDAQ:IBIT) by\u00a0BlackRock Inc.\u00a0(NYSE:BLK), which debuted earlier this year, has become the most successful exchange-traded fund launch in history, a report said Monday. What Happened:\u00a0The investment vehicle, which tracks the spot price of the world\u2019s biggest cryptocurrency Bitcoin (CRYPTO: BTC), exceeded $50 billion in assets under management within its debut year, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-4916","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4916","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4916"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4916\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}