TLDR Crypto · MARKETS & BUSINESS

BLACKROCK’S BITCOIN ETF FIRST TO REACH $2B IN AUM

coindesk.com2 min read

Summary from the TLDR Crypto newsletter

BlackRock's iShares Bitcoin ETF has become the first recently launched bitcoin spot product to hit $2 billion in AUM. The ETF now holds almost 50,000 tokens. With Bitcoin’s recent surge, BlackRock’s fund is now ranking third in AUM among all new ETFs launched in the past year.