BlackRock IBIT Bitcoin ETF | 3rd Rank Among Commodities

Amid the burgeoning success of spot Bitcoin Exchange-Traded Funds (ETFs), the latest data from renowned asset allocator and analyst Hold15Capital reveals that within just two months of their launch, these financial instruments now claim four spots among the 11 largest spot commodity ETFs.

BlackRock IBIT Bitcoin ETF

The analysis spotlights BlackRock’s IBIT as a standout performer, securing the third position among commodity ETFs with an impressive $10 billion in assets under management (AUM). Only surpassed by SPDR Gold Shares with $53.6 billion and BlackRock’s Ishares Gold Trust with $25.4 billion, IBIT has rapidly established itself as a formidable player in the…

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