Bloomberg analyst: BlackRock's IBIT asset size is equivalent to the total of 50 ETFs focused on Europe

ChainCatcher news, Bloomberg analyst Eric Balchunas posted on the X platform that BlackRock's Bitcoin spot ETF "IBIT" has assets equivalent to the total of 50 ETFs focused on Europe (regional + single country), which have been in existence for 20 years.

In addition, ETF and technology strategist Todd Sohn believes that the investment environment in Europe has bottomed out and cannot get any worse.