BlackRock's iShares Bitcoin Trust (IBIT) is on the verge of reaching $100 billion in assets under management, setting a record as the fastest ETF to achieve this milestone in just 435 days. Launched in early 2024, the fund has generated $245 million in annual revenue and holds approximately 783,768 BTC, valued at around $98 billion. The rapid growth of IBIT underscores strong institutional demand for regulated Bitcoin exposure. Bitcoin's price has surged to $124,978, fueled by significant ETF inflows. BlackRock is also planning to expand its offerings with a Bitcoin ETP listing in the UK on October 8, 2025.