BlackRock’s IBIT Is Nearing $100B in AUM. Everyone Else Might Be Chasing ‘Crumbs’
The world’s fastest-growing ETF, the iShares Bitcoin Trust (IBIT), is nearing 100 billion-plus club. It clearly shows demand for digital assets, or at least for one product. BlackRock dominates the crypto ETF category, with the next-biggest competitor, Fidelity’s Wise Origin (FBTC), being roughly a quarter of the size. Of course, BlackRock is also the world’s biggest asset man ...