BlackRock's Bitcoin-focused ETF, IBIT, amasses $13.5B in assets in 11 weeks, becoming the fastest-growing ETF in history.

BlackRock CEO Larry Fink expressed surprise at the impressive performance of the company's Bitcoin-focused ETF, IBIT, which has become the fastest-growing ETF in history, pulling in $13.5 billion in assets in just 11 weeks. Launching in October, the ETF's success exceeded Fink's expectations, who is "very bullish on the long-term viability of Bitcoin." The IBIT ETF holds $17.1 billion in Bitcoin, a feat the first gold ETF achieved over two years.