Analyst appreciates BlackRock’s IBIT growth Remar

Analyst appreciates BlackRock’s IBIT growth

Remarking on the same, Eric Balchunas took to X (formerly Twitter) and noted,

“IBIT just blew through $70B and is now the fastest ETF to ever hit that mark in only 341 days.”

Balchunas also highlighted that BlackRock’s IBIT is surpassing expectations, reaching $70 billion in assets under management nearly five times faster than SPDR Gold Shares (GLD)—the previous record-holderWhile GLD took over 1,600 trading days to achieve the milestone, BlackRock’s IBIT accomplished it in a fraction of the time, reinforcing its explosive market entry.

That being said, since its 2024 debut, the ETF has secured over $9 billion in inflows in 2025 alone, earning a spot among the top five U.S. ETFs.

This coincided with BlackRock recently acquiring 2,704 Bitcoins valued at roughly $283.9 million, along with 28,239 Ethereum [ETH] tokens worth an estimated $73.2 million.