BlackRock's Bitcoin Spot ETF IBIT has entered the top 25 ETFs in the U.S., with assets reaching $72.4 billion in just 1.4 years since its establishment.

According to data released by Bloomberg analyst Eric Balchunas, as of June 3, BlackRock's Bitcoin spot ETF (IBIT) has ranked among the top 25 ETFs in the United States with $72.4 billion in assets, becoming the youngest product on the list, only 1.4 years old. Balchunas noted that IBIT is on track to overtake Satoshi Nakamoto Wallet to become the world's largest Bitcoin holder by the end of next year. According to the analysis, this achievement reflects the strong attractiveness of ETFs in terms of convenience, low fees, high liquidity and trust.