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BlackRock’s iShares Bitcoin Trust (IBIT) has surged past $70 billion in assets faster than any other ETF in history, outpacing even gold-based funds. CEO Larry Fink warns that the US dollar’s dominance is under threat from digital assets like Bitcoin. The rapid growth of IBIT highlights shifting investor confidence in crypto.
- BlackRock's IBIT ETF hit $70B in assets in 341 days, 5x faster than gold-based GLD.
- CEO Larry Fink warns US dollar's reserve status is threatened by debt and DeFi growth.
- BlackRock holds $76.19B in crypto assets, signaling institutional adoption of Bitcoin.
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