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BlackRock's BIT holdings have exceeded $70 billion, taking only 341 days.
BlockBeats news, on June 9, according to Bloomberg senior ETF analyst Eric Balchunas, BlackRock's IBIT Holdings has surpassed $70 billion, becoming the fastest ETF to reach this milestone in just 341 days, which is 5 times faster than the old record of 1691 days held by GLD.