The iShares Bitcoin ETF is now bigger than its gold counterpart following rush into crypto on Trump win
IBIT has raked in about $1 billion of inflows over the past week, and $27 billion overall since its launch in January, according to FactSet. The rising price of bitcoin has pushed the total asset amount to more than $30 billion. IBIT is still about $30 billion smaller than the biggest gold ETF on the market, SPDR Gold Shares (GLD).