BlackRock's IBIT AUM Surpasses $40 Billion in Just 211 Days, Setting a New All-Time High with Significant Margin

BlockBeats News, November 13th, Bloomberg ETF analyst Eric Balchunas posted on social media that after the launch, BlackRock's IBIT reached a milestone of $40 billion in assets under management in 211 days (only two weeks after reaching $30 billion), breaking the previous record held by IEMG (an emerging markets ETF issued by BlackRock) of 1,253 days.

Currently, IBIT ranks in the top 1% of all ETF assets under management rankings, with its asset size exceeding all 2,800 ETFs launched in the past decade within nearly 10 months of its launch.