Bloomberg ETF Analyst: BlackRock's IBIT Becomes the Fastest ETF to Exceed $80 Billion in Market Value

ChainCatcher news, Bloomberg ETF analyst Eric Balchunas tweeted that BlackRock's IBIT has surpassed the $80 billion mark, becoming the fastest ETF to reach $80 billion in history, taking only 374 days, which is about 5 times faster than the previous record held by VOO (1814 days). In addition, IBIT's market capitalization has also reached $83 billion, currently ranking as the 21st largest ETF in the world.