FASCINATING: the Chinese and Saudi governments (after Xi's visit) made an ETF 'quid pro quo' to each invest a billion in each other's ETFs which each invest in the others' market eg Saudi Arabia invests $1b in a Hong Kong listed ETF that holds Saudi stocks and vice-versa. This is

$IBIT just blew through $70b and is now the fastest ETF to ever hit that mark in only 341 days, which is 5x faster than the old record held by GLD of 1,691 days. Nice chart from Jack W