BlackRock's spot Bitcoin ETF, IBIT, has become the most successful ETF launch in over 10 years, with $418.8 million in net flows registered on December 16. Since its launch, IBIT has accumulated $36.3 billion in positive net flows, surpassing the inflows of other US-traded spot Bitcoin ETFs. It also holds the record for the most significant daily inflow among Bitcoin ETFs. Crypto-related ETFs have been a key topic this year, and analysts believe they have been a driver of Bitcoin's growth. The total assets under management for all Bitcoin ETFs in the US have reached $130 billion, overtaking gold ETFs.
- Content Editor ( cryptoslate.com )
- 2024-12-18
BlackRock’s IBIT becomes decade’s top ETF for inflows, surpassing all rivals