BlackRock’s Bitcoin ETF Ranks Among the Top 10 Largest ETFs of the Decade

BlackRock and Fidelity’s Bitcoin ETFs have taken the investment world by storm. They are now among the most notable ETFs launched in the last decade. Bloomberg’s senior ETF analyst Eric Balchunas recently shared that the iShares Bitcoin Trust ETF (IBIT) and Fidelity Wise Origin Bitcoin ETF (FBTC) both rank in the top 10 ETFs by total assets under management (AUM) in this decade

These Bitcoin ETFs are competing with traditional ETFs. Top ETFs by AUM include well-known, low-cost, actively managed funds from JPMorgan, Dimensional Fund Advisors, and Capital Group. JPMorgan Equity Premium Income ETF (JEPI), launched in May 2020, leads the pack with $35 billion in assets, followed by Invesco QQQM, launched in October 2020, with $33 billion. iShares’ 0-3 Month Treasury Bond ETF, launched in May 2020, holds $25.2 billion.

BlackRock’s IBIT, launched just ten months ago, ranks as the fourth largest ETF in the past decade, with $23.2 billion in assets. Fidelity’s FBTC, with $11 billion in assets, ranks ninth. The inclusion of these Bitcoin ETFs alongside traditional funds marks a notable development for the crypto industry, indicating a growing demand for digital assets in mainstream financial markets.

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