BlackRock’s IBIT Scores $70 Billion Fast — Who Knew ETFs Could Be This Racey?

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Alright, folks, gather ‘round. BlackRock’s IBIT just exploded to $70 billion—like a rocket, no less. And it did it faster than your grandma can ruin a holiday dinner. Yep, that’s right. Soon enough, it left all these other ETFs eating its dust:

  • VOO (S&P 500 ETF) 1,701 days — okay, so that took what? A few years? Pfft.
  • IEFA (iShares Core MSCI EAFE ETF) 1,773 days — wow, making progress here, but still slow. 💤
  • GLD (Gold Trust) 1,691 days — because apparently, everyone loves shiny things.
  • IEMG (Emerging Markets ETF) 2,063 days — and apparently, this is a marathon or something.

And what did Geraci say? “No other ETF even close,” — yeah, no kidding, buddy. It’s “ridiculous,” he adds, probably while sipping his overpriced coffee.

A Historic Category Surge

Now, while IBIT is king of the hill, there are 11 other Bitcoin ETFs in the U.S., trying to catch up. They’ve collectively grabbed nearly $125 billion—talk about a rush. Since regulators finally got their act together in early 2024, everyone’s racing into digital assets like it’s the last sale at the mall.

And let’s be honest, this isn’t just about Bitcoin. It’s about BlackRock flexing its muscles, dominating ETF sales faster than you can say “getting rich quick.” The chart, shared by ETF guru Eric Balchunas, blows the lid off just how quickly BTC ETFs have zoomed past traditional stocks and commodities. Who needs boring old stuff, right? 💸

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2025-06-10 14:43