Yes, that's a rabbit!

The Angora rabbit is a variety of domestic rabbit bred for its long, soft hair. They are believed to have originated in Turkey, along with the Angora cat and Angora goat. The rabbits were popular pets with French royalty in the mid 1700s, and spread to other parts of Europe by the end of the century. They first appeared in the United States in the early 1900s.

Check out Betty Chu's web site which features this and many more Best in Show Angora Rabbits!