BlackRock's Bitcoin ETF IBIT Hits $54B in AUM, Sets Record for Fastest ETF Growth

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According to Bloomberg senior ETF analyst Eric Balchunas, BlackRock's Bitcoin spot ETF IBIT has reached $54 billion in assets under management on May 30, marking the fastest growth rate in ETF history. Even if IBIT's assets remain flat through 2030, it will maintain this record pace. Meanwhile, Balchunas noted that BlackRock has updated its application for the iShares Bitcoin Premium ETF (BITA), though fee details remain undisclosed.
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