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BlackRock Bitcoin ETF (IBIT) Share Hits All-Time High Beating S&P 500, Gold ETFs

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Summary
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66% Informative

BlackRock Bitcoin ETF approaches $50 billion in net inflows outperforming several traditional ETFs.

U.S. spot Bitcoin ETFs, led by IBIT , are nearing a total trading volume of $1 trillion within 18 months .

The IBIT share price has delivered 150% returns since inception, trading at $ 62 per share.

BlackRock ’s IBIT has achieved a strong $70 billion AUM in just 341 trading sessions, making it the fastest ETF to reach this milestone, beating other Gold and S&P 500.

VR Score

51

Informative language

42

Neutral language

3

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formal

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English

Language complexity

36

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short-lived

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