Core Insights - The BlackRock Bitcoin Spot ETF (IBIT) is projected to reach a scale of $100 billion this summer, potentially as early as this month [1] - The current scale of IBIT has already reached $88 billion, benefiting from recent capital inflows and overnight market gains [1] - IBIT has become the 20th largest ETF in the U.S. and the 7th largest for BlackRock, also ranking as the most profitable ETF for the company [1]