BlockBeats News, July 4th, Bloomberg's Senior ETF Analyst Eric Balchunas revealed that IBIT has now become BlackRock's third highest-grossing ETF, standing out among its total of 1197 funds, trailing the top spot by only $9 billion.
For an ETF that is only 1.5 years old (still in its infancy), this is a remarkable achievement. The chart below shows the top ten highest-grossing funds under BlackRock.