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2025-06-09
15:09
IBIT ETF Hits $70 Billion in Record 341 Days: Fastest Growth Outpaces GLD, Boosts Bitcoin Market Confidence

According to Eric Balchunas on Twitter, the IBIT ETF has surpassed $70 billion in assets under management in just 341 days, making it the fastest ETF ever to reach this milestone, outpacing the previous record set by GLD at 1,691 days (source: Eric Balchunas, Twitter, June 9, 2025). This unprecedented growth signals strong institutional and retail interest in Bitcoin-related investment products, providing a bullish signal for the broader cryptocurrency market. The rapid asset accumulation in IBIT is likely to enhance liquidity, attract further capital inflows, and reinforce Bitcoin’s position as a mainstream investment asset.

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