BlockBeats News, May 30th, Bloomberg Senior ETF Analyst Eric Balchunas posted a tweet stating that BlackRock recently updated its iShares Bitcoin Premium ETF (BITA) application once again. Although the product's fee has not been disclosed yet, the issuer is evidently still fine-tuning the product details. He speculated that BlackRock may want to complete the product launch before the scheduled release of the Bitcoin ETF by Goldman Sachs, which is expected to occur in about 6 weeks.

Balchunas also pointed out that BlackRock's spot Bitcoin ETF IBIT has reached an asset under management of $54 billion. Even if IBIT's AUM stops growing from now on and remains stable until 2030, the speed at which it reached $54 billion will still maintain the fastest pace in ETF history.

Balchunas stated that the fund flow performance in the first 18 months after the listing of the Bitcoin spot ETF was "extremely insane," setting a rare growth rate record in the ETF industry.