According to CoinGlass data, the iShares Bitcoin Trust (IBIT) managed by BlackRock now holds over $2003 billion in assets. ETF analyst Eric Balchunas from Bloomberg pointed out that IBIT is among the approximately 2200 ETFs that have surpassed the $225.3 billion threshold. There are approximately 251,400 total ETFs available. It was noted that IBIT was the quickest to reach $10 billion in assets under management. The fund started trading in January, less than two months ago. 11, indicating that it achieved its current level in under two months, specifically in regards to ETFs. According to a separate source, it took two years for the first gold ETF to reach $10 billion in assets under management. AUM growth of IBIT, as reported by Eric Balchunas from Bloomberg. The Grayscale Bitcoin Trust (GBTC) in competition has reported a higher AUM, totaling $27 billion in assets under management. GBTC started as an investment fund in 2013 and was changed to an ETF this year. Unlike BlackRock’s IBIT, GBTC did not begin with no assets. The Fidelity Wise Origin Bitcoin Fund (FBTC), which is the third largest spot Bitcoin ETF, currently has $25.33 billion in assets under management. The combined assets under management (AUM) of the ten current spot Bitcoin ETFs total $48.2 billion. Balchunas suggested that the increasing AUM of IBIT is a result of inflows.