BlackRock Bitcoin ETF Called 'Greatest Launch in ETF History'
One of the most important developments of the year may go down as one of the biggest debuts ever, as BlackRock’s Spot Bitcoin ETF has been called the ‘greatest launch in ETF history’ according to Bloomberg. Indeed, the $11.5 trillion asset manager iShares Bitcoin Trust (IBIT) quickly became one of the firm’s biggest funds. The product first launched in January alongside ten other Bitcoin-based ETFs. Their arrival marked a shifting tide, as it propelled the leading cryptocurrency into a new realm of prominence. A massive reason for that was BlackRock and the role it took in facilitating that rise. JUST IN: BlackRock's Spot Bitcoin ETF is the "greatest launch in ETF history," Bloomberg reports. — Watcher.Guru (@WatcherGuru) December 30, 2024 Also Read: BlackRock’s Spot Bitcoin ETF Surpasses Its Gold ETF BlackRock Bitcoin ETF May be Greatest Launch Amid BTC’s Rapid 2024 Rise This year has proven to be a game-changer for the cryptocurrency sector. The asset cla...