The world’s fastest-growing ETF, the iShares Bitcoin Trust (IBIT), is nearing $100 billion in assets, less than two years after its launch.
That puts it among the 20 biggest ETFs, only 18 of which are in the $100 billion-plus club. It clearly shows demand for digital assets, or at least for one product. BlackRock dominates the crypto ETF category, with the next-biggest competitor, Fidelity’s Wise Origin (FBTC), being roughly a quarter of the size. Of course, BlackRock is also the world’s biggest asset manager, at about $12.5 trillion, according to the Sovereign Wealth Fund Institute. The firm, which also manages the fourth-biggest crypto ETF, the $18 billion iShares Ethereum Trust, hasn’t shown any plans to expand into other digital assets. BlackRock declined to comment, but it has not been among the issuers filing for spot-price ETFs in XRP, Solana or other…
