BlackRock's Bitcoin spot ETF saw record-high inflows as cryptocurrencies rally following Donald Trump's victory in the United States.

Key Takeaways The amount of assets held by BlackRock's iShares Bitcoin Trust has grown larger than their iShares Gold Trust, the second largest gold ETF by assets.A key difference: The iShares Gold Trust has existed since 2005,

BlackRock’s iShares Bitcoin Trust (IBIT) has overtaken the iShares Gold Trust (IAU), in assets under management (AUM). BlackRock’s IBIT has garnered around $33.1 billion in AUM, overshadowing IAU, which currently holds around $32.