IBIT Reaches $70B Milestone; Circle IPO Boosts ARK ETFs
- In this new episode of the ETF Pulse podcast, Kristin Myers and Nate Geraci discuss IBIT pulling in $70 billion, faster than any other fund, and the Circle IPO, which has boosted ARK Invest ETFs.
In this new episode of ETF Pulse, etf.com Editor-in-Chief Kristin Myers and ETF Store President Nate Geraci discuss the iShares Bitcoin Trust (IBIT) and the record-breaking pace it set to hit $70 billion in assets under management.
The two also discuss the bull run in Ethereum's Ether token, which has helped the iShares Ethereum Trust (ETHA) pull in nearly $700 million during the past month.
The hosts then chat about the initial public offering of Circle Internet Group (CRCL), which boosted Cathie Wood's ARK Invest ETFs by a combined $500 million.
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