As Bitcoin approached its all-time high after a long time, with the demand created by Spot Bitcoin ETFs, the same reason made the company managing trillion dollars make history.
While it has only been 34 days since the approval of Spot Bitcoin ETFs, the demand has accelerated day by day. Volumes and cash amounts that analysts think will be reached at the end of 1 year It arrived only 1 month later. This is the case with Bitcoin “supply shock” caused it to happen and the price skyrocketed above $64,000.
This same demand frenzy is BlackRock’s spot Bitcoin ETF. It enabled IBIT to reach $10 billion. With this threshold reached, BlackRock world’s fastest growing company to reach 10 billion dollars It became the company that owns the ETF.
With this record reached, the spot Bitcoin ETF surpasses the Gold ETF. in 3 years the level reached in about 1 month has reached.