BlackRock’s venture into the world of cryptocurrency is paying off in a big way. The asset management giant’s iShares Bitcoin Trust (IBIT) has officially overtaken its long-established iShares Core S&P 500 ETF (IVV) in terms of revenue generation. IBIT has quickly become one of the most successful exchange-traded fund launches in U.S. history. In just six months, it has attracted over $18 billion in assets under management (AUM)
So, would you ditch traditional stocks and look at adding crypto in your portfolio? Watch the video to know more.