Home web3.0 BlackRock Bitcoin Spot ETF IBIT is full of money-attracting power! Promoted to No. 5 in ETF capital inflows in 17 days

BlackRock Bitcoin Spot ETF IBIT is full of money-attracting power! Promoted to No. 5 in ETF capital inflows in 17 days

Feb 08, 2024 am 08:00 AM
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贝莱德比特币现货ETF IBIT吸金力十足!17天晋升ETF资金流入第5名

This site (120BTC.coM): According to data from Bloomberg Intelligence, BlackRock’s Bitcoin spot ETF-“iShares Bitcoin Trust (IBIT)” is very profitable. , it was promoted to the “ETF with the fifth highest capital inflow” in just 17 days after its launch.

Since the beginning of 2024, among the top five net fund inflows into ETFs, "iSharesCore S&P500 ETF (IVV)" has topped the list with a net inflow of US$13 billion, and its asset management scale is as high as US$428 billion. Followed closely by "Vanguard500 Index Fund ETF (VOO)", with capital inflows of US$11.1 billion and asset management scale of nearly US$398 billion.

As for the fifth-ranked Bitcoin spot ETFIBIT, it has attracted US$3.2 billion in capital inflows since its listing, showing that it has more gold-absorbing power than the remaining 99.98% of ETFs in the market.

In addition, "WiseOriginBitcoinFund (FBTC)" issued by Fidelity performed well, with capital inflows reaching US$2.7 billion, ranking 8th.

Despite the outstanding performance of these new funds, overall investment enthusiasm for Bitcoin spot ETFs has declined recently, with only BlackRock’s IBIT and Fidelity’s FBTC continuing to attract positive capital inflows.

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