News

Published on 31 Dec 2024 on Benzinga

Blackrock's Bitcoin Fund Breaks Records With Historic ETF Launch—Will It Surpass...


Article preview image

The iShares Bitcoin Trust ETF IBIT by BlackRock Inc. BLK, which debuted earlier this year, has become the most successful exchange-traded fund launch in history, a report said Monday.

What Happened: The investment vehicle, which tracks the spot price of the world’s biggest cryptocurrency Bitcoin BTC/USD, exceeded $50 billion in assets under management within its debut year, an unprecedented feat in the 30-year history of ETFs, according to Bloomberg.

NYSE.IJH price evolution
NYSE.EFA price evolution
NYSE.IJR price evolution
NYSE.ITOT price evolution
NYSE.IVV price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
Confluence Investment Management LLC Makes New $484,000 Investment in iShares...

Confluence Investment Management LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF...

ETF DAILY NEWS 3 Jan 2025

BlackRock’s Bitcoin ETF Posts Record Outflow After Banner Year

(Bloomberg) -- Investors yanked a net $333 million from BlackRock Inc.’s iShares Bitcoin Trust ET...

Bloomberg · via Yahoo Finance 3 Jan 2025

BlackRock's Bitcoin ETF Sees Record $330M in Outflows on January 2

BlackRock’s iShares Bitcoin Trust (IBIT) experienced a historic outflow of $332.6 million on Janu...

Cryptonews 3 Jan 2025

Old Port Advisors Trims Holdings in iShares Core U.S. Aggregate Bond ETF...

Old Port Advisors decreased its position in shares of iShares Core U.S. Aggregate Bond ETF...

ETF DAILY NEWS 3 Jan 2025

Should iShares Core S&P 500 ETF (IVV) Be on Your Investing Radar?

The fund... also demonstrate qualities seen in value and growth investments. Costs When consideri...

Zacks · via Yahoo Finance 2 Jan 2025

Is iShares Core Dividend Growth ETF (DGRO) a Strong ETF Right Now?

Performance and Risk So far this year, DGRO return is roughly 0%, and it's up approximately 16.55...

Zacks · via Yahoo Finance 2 Jan 2025

Is iShares MSCI USA Quality Factor ETF (QUAL) a Strong ETF Right Now?

However, there are other ETFs in the space which investors could consider. IShares Core S&P Total...

Zacks · via Yahoo Finance 31 Dec 2024

Blackrock's Bitcoin Fund Breaks Records With Historic ETF Launch—Will It Surpass...

The iShares Bitcoin Trust ETF IBIT by BlackRock Inc. BLK, which debuted earlier this year, has be...

Benzinga 31 Dec 2024

Here’s Why iShares Core Dividend Growth ETF (DGRO) Is One of the Best Performing...

We recently compiled a list of the 10 Best Performing Dividend ETFs In 2024. In this article, we ...

Insider Monkey · via Yahoo Finance 31 Dec 2024

Penney Financial LLC Sells 412 Shares of iShares Core U.S. Aggregate Bond ETF...

Penney Financial LLC decreased its position in shares of iShares Core U.S. Aggregate Bond ETF...

ETF DAILY NEWS 31 Dec 2024