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BlackRock IBIT breaks record, becomes fastest ETF to reach $20 billion in assets

BlackRock IBIT breaks record, becomes fastest ETF to reach $20 billion in assets

CointimeCointime2024/05/30 10:49
By:Cointime

BlackRock's iShares Core S&P 500 ETF (IVV) became the fastest ETF to reach $20 billion in assets, taking only 137 days and shocking Wall Street. The previous record holder was JPMorgan's JPMorgan Equity Premium Income ETF (JEPI), which took 985 days to reach $20 billion in assets.

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