# BlackRock’s IBIT overtook Grayscale’s GBTC as the world’s largest bitcoin fund

Date: 2024

_No public text on this fact yet._

## Drivers

- Cryptoasset Adoption: https://factrail.ai/drivers/cryptoasset-adoption

## Sources

_Sources are listed on the canonical page._

## Methodology

https://factrail.ai/methodology

Canonical: https://factrail.ai/facts/blackrock-ibit-largest-spot-bitcoin-etf-may-2024