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iShares Cybersecurity and Tech ETF (IBIT) has become the fastest ETF to surpass $80 billion in market capitalization.
BlockBeats News, July 11th, Bloomberg ETF analyst Eric Balchunas stated that IBIT broke through the $80 billion mark last night, becoming the fastest ETF in history to reach this milestone, taking 374 days, about 5 times faster than the previous record held by VOO, which took 1814 days.
Furthermore, its current market value has reached $83 billion, ranking as the 21st largest ETF globally.
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