PANews reported on June 4 that according to data released by Bloomberg analyst Eric Balchunas, as of June 3, BlackRock's Bitcoin Spot ETF (IBIT) has ranked among the top 25 ETFs in the United States with an asset size of US$72.4 billion, becoming the "youngest" product on the list, having only been established for 1.4 years. Balchunas pointed out that IBIT is expected to surpass Satoshi Nakamoto's wallet by the end of next year and become the world's largest Bitcoin holder. Analysts believe that this achievement reflects the strong appeal of ETFs in terms of convenience, low fees, high liquidity and trust.