BlackRock's Bitcoin ETF Rakes in $15B in Gains, Nears Grayscale as Asset King

• BlackRock's Bitcoin ETF (IBIT) has crossed $15B in total gains since launching on January 11 • IBIT has received over $18.7B in assets under management, fast catching up to Grayscale's Bitcoin Trust (GBTC) • BlackRock's prominence and CEO Larry Fink's support of Bitcoin likely contributed to IBIT's strong performance • IBIT offers lower fees than some competing Bitcoin ETFs and enables traditional investors to gain exposure without directly holding BTC • The price of Bitcoin currently stands at $67,787, down 4% in the last 24 hours after hitting an all-time high close to $74K last month