BlackRock's IBIT becomes the fastest ETF to surpass $80.00 billion in market cap, ranking as the 21st largest ETF globally.

On July 11th, Bloomberg ETF analyst Eric Balchunas tweeted that BlackRock's IBIT broke the $800 billion mark, becoming the fastest ETF in history to break $800 billion, taking 374 days, about 5 times faster than the previous record held by VOO (1,814 days). In addition, IBIT's market cap also reached $830 billion and is currently the 21st largest ETF in the world. [Deep Tide TechFlow]