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https://www.gate.com/announcements/article/45974
CoinVoice has recently learned that Eric Balchunas, a senior ETF analyst at Bloomberg, stated on social media that the scale of BlackRock's Bitcoin Spot ETF IBIT could reach 100 billion dollars this summer, and it might actually be realized this month.
Thanks to recent capital inflows and the increase in overnight market conditions, its scale has reached 88 billion dollars. Established only a year and a half ago, it has now become the 20th largest ETF in the United States and the 7th largest ETF of BlackRock (also the most profitable ETF). It's truly incredible.