BlackRock’s IBIT overtook Grayscale’s GBTC as the world’s largest bitcoin fund
Dated 28 May 2024: BlackRock’s IBIT overtook Grayscale’s GBTC as the world’s largest bitcoin fund. In the causal graph this event strengthens the driver Cryptoasset Adoption.
Who was responsible
Contribution type and responsibility level for each recorded actor — not sole-author shorthand.
No public contributors are listed for this fact.
What changed
Fact → Driver → Indicator. Relationship strength orders the paths; it is not the observed indicator movement.
- FactBlackRock’s IBIT overtook Grayscale’s GBTC as the world’s largest bitcoin fund
- strengthensDriverCryptoasset Adoption
provisional weight · verified
Causal path
How this event connects to drivers and indicators in the graph.
- FactBlackRock’s IBIT overtook Grayscale’s GBTC as the world’s largest bitcoin fund
- strengthensDriverCryptoasset Adoption
Cite this page
Factrail. (2026). BlackRock’s IBIT overtook Grayscale’s GBTC as the world’s largest bitcoin fund. Factrail. https://factrail.ai/facts/blackrock-ibit-largest-spot-bitcoin-etf-may-2024
https://factrail.ai/facts/blackrock-ibit-largest-spot-bitcoin-etf-may-2024
Accessed 17 October 2026.
By the Factrail desk · Method: how we source and score · Last reviewed
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