BlackRock's iBonds hit $10 billion in 2 years - here's why retail investors are obsessed
Key Points
- BlackRock's iBonds surpassed $10 billion in assets quickly, ...
BlackRock's iBonds just crossed the $10 billion mark faster than most people can figure out what an ETF actually stands for. Since launching in August 2023, these hybrid creatures have been collecting assets like a vacuum cleaner in a confetti factory, proving that sometimes the financial industry does create something people actually want.
The secret sauce? BlackRock took the best parts of bonds and ETFs, threw them in a blender, and somehow didn't create a horrible mess. These iBonds mature on specific dates like regular bonds but trade on exchanges like ETFs. It's like having a pet that's ...
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