Eric Balchunas, a renowned ETF analyst, has made a groundbreaking revelation: only one ETF has ever reached an asset size of $20 billion in less than 1000 days. JEPI achieved this feat in a remarkable 985 days, while IBIT is poised to join this exclusive club, having already reached 137 days short of the mark.

This remarkable achievement is a testament to the growing popularity and adoption of ETFs, particularly IBIT, which has seen a significant increase in its average transaction size. Despite a decline in the total number of transactions, the average transaction size has increased, indicating that large investors have replaced small retail investors.

This shift in investor behavior is a significant development in the ETF space, as it suggests that institutional investors are increasingly turning to IBIT for their investment needs. The increased average transaction size is a clear indication of the confidence these investors have in the ETF, and their willingness to invest larger sums of money.

The historic milestone achieved by IBIT is a significant achievement, and a testament to the ETF's ability to attract and retain investors. As the ETF continues to grow, it is likely that we will see even more significant developments in the ETF space, as more investors turn to these investment vehicles for their investment needs.

In conclusion, the historic achievement of IBIT in reaching $20 billion in record time is a significant milestone in the ETF space. The shift in investor behavior, with large investors replacing small retail investors, is a clear indication of the growing popularity and adoption of ETFs. As the ETF continues to grow, it is likely that we will see even more significant developments in the ETF space, as more investors turn to these investment vehicles for their investment needs.