BlackRock's iShares Bitcoin Trust (IBIT) has made headlines by overtaking the iShares Gold Trust (IAU) in terms of total assets, marking a significant change in the investment landscape.
The Bitcoin trust reached assets of $33.2 billion, showcasing impressive growth just days after Donald Trump's election.
Trump's crypto-friendly policies are believed to have played a role in influencing market dynamics, potentially contributing to this shift from traditional gold investments to Bitcoin.
Source: en.bitcoinhaber.net ↗