IBIT Surpasses $33 Billion Milestone, Overtaking Gold ETF Assets Under Management
BlackRock's iShares Bitcoin Trust (IBIT) reaches $33+ billion in net assets in just 10 months from debut, shattering the historical speed record for any ETF launch in financial history.
How Much Bitcoin
$33,000,000,000 (Paper BTC via ETF)
BTC Price Then
$76,550
Price Change
+26%
Location
United States
Frequently Asked Questions
Who is adopting Bitcoin in "IBIT Surpasses $33 Billion Milestone, Overtaking Gold ETF Assets Under Management"?
BlackRock iShares (Fund) is the entity adopting or allocating into Bitcoin in United States.
What type of entity is BlackRock iShares?
BlackRock iShares is classified as a Fund in the Bitcoin adoption ledger.
How much Bitcoin is being acquired or held?
$33,000,000,000 (Paper BTC via ETF). This represents indirect (paper) Bitcoin exposure through an exchange-traded fund.
What was the Bitcoin price at the time of this adoption?
At the time of this event, Bitcoin was priced at $76,550 per BTC (a +25% change versus the current live price).
When did this Bitcoin adoption event happen?
This adoption event was recorded on Fri, Nov 8, 2024.
Where is this Bitcoin adoption taking place?
This adoption is attributed to United States.
What is the source of this Bitcoin adoption story?
Originally reported by BlackRock Insight and indexed from the original report.
Originally reported by BlackRock Insight
Read the original report