BlackRock’s IBIT ETF Eyes $100 Billion in Assets This Month

BlackRock’s IBIT ETF (Exchange-Traded Fund) is turning heads amid a sustained growth in its net assets, with analysts saying it could reach $100 billion this month. The financial instrument recently passed as the asset manager’s most profitable ETF, driving more revenue than BlackRock’s S&P 500 fund. Can BlackRock’s IBIT Reach $100 Billion in Assets in July? Analyst Says Yes ETF analyst Eric Balchunas said BlackRock’s IBIT ETF could reach $100 billion in net assets in July. The optimism comes amid consistent positive flows into the financial instrument as institutional investors seek indirect exposure to BTC via IBIT source: https://beincrypto.com/blackrock-ibit-etf-100-billion-assets/