CEO Larry Fink Bullish on Bitcoin as IBIT ETF Hits $17.1B

• IBIT became the fastest-growing ETF, amassing $13.5B in just 11 weeks.
• Larry Fink is bullish on Bitcoin as IBIT holds $17.1B in BTC.
• Spot Bitcoin ETF market grows, exceeding $34.1B across nine issuers.

BlackRock CEO Larry Fink recently revealed his optimism regarding Bitcoin’s future while paying tribute to the success of the firm’s spot Bitcoin ETF, IBIT. Launched lately, IBIT has received impressive attention, becoming the fastest-growing ETF in the industry’s history, as claimed in a March 27 interview with Fox Business.

BlackRock CEO Larry Fink says the $IBIT Spot #Bitcoin  #ETF is the fastest growing ETF in history
pic.twitter.com/NOsDlFgROi

— Simon Dixon (@SimonDixonTwitt) March 27, 2024

Under Fink’s leadership, BlackRock’s involvement in the crypto world with the iShares Bitcoin Trust (IBIT) has exceeded all expectations, attracting $13.5 billion in just 11 weeks of trade. This success story marks a new chapter for the investment firm, with Fink acknowledging the unexpected high demand from retail investors. Larry Fink said:

“IBIT is the fastest growing ETF in the history of ETFs. Nothing has gained assets as fast as IBIT in the history …

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