BlackRock's Bitcoin ETF Surpasses $300 Billion Market Cap, Outpacing Gold by a Wide Margin
BlackRock's Bitcoin ETF Surpasses $300 Billion Market Cap, Outpacing Gold by a Wide MarginAccording to Cointelegraph, BlackRock's Bitcoin exchange-traded fund (ETF), IBIT, has surpassed a market capitalization of $300 billion. Notably, IBIT achieved this milestone in just 293 days, significantly faster than the 1790 days it took gold to reach the same market value
BlackRock's Bitcoin ETF Surpasses $300 Billion Market Cap, Outpacing Gold by a Wide Margin
According to Cointelegraph, BlackRock's Bitcoin exchange-traded fund (ETF), IBIT, has surpassed a market capitalization of $300 billion. Notably, IBIT achieved this milestone in just 293 days, significantly faster than the 1790 days it took gold to reach the same market value. This data points to a growing wave of investment enthusiasm for Bitcoin ETFs, attracting an increasing number of institutional investors.
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