PANews news on June 4th, according to data released by Bloomberg analyst Eric Balchunas, as of June 3rd, BlackRock's Bitcoin spot ETF (IBIT) has entered the top 25 ETF list in the United States with assets of $72.4 billion, becoming the youngest product on the list, having been established for only 1.4 years. Balchunas pointed out that IBIT is expected to surpass the Satoshi Nakamoto wallet and become the largest Bitcoin holder globally by the end of next year. Analysts believe that this achievement reflects the strong appeal of ETFs in terms of convenience, low fees, high liquidity, and trust.
