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BlackRock IBIT stops net inflows for 71 consecutive days! Grayscale GBTC continues to set record of continuous net outflows

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Release: 2024-04-26 18:40:12
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BlackRock IBIT stops net inflows for 71 consecutive days! Grayscale GBTC continues to set record of continuous net outflows

According to statistics from Bloomberg ETF analyst Eric Balchunas, BlackRock Bitcoin Spot ETF IBIT had no inflows yesterday, so its record of daily continuous inflows has ended at 71 days . Grayscale’s GBTC is still setting new records. It has been net outflows for 72 consecutive days, and no one can match it.

IBIT ended at the top 10, with 71 consecutive days of net inflows

According to Bloomberg ETF analyst Eric Balchunas’s record of consecutive days of ETF net inflows, BlackRock’s Bitcoin spot ETF IBIT did not enter the market yesterday. There has been an inflow of funds, so its record of daily continuous inflows has ended at 71 days. The first place is the JPMorgan Equity Premium Income ETF (code JEPI), which was issued in 2020 and has an astonishing 160 consecutive days of net inflows.

However, Balchunas said that IBIT still has the opportunity to set other records. He shared the total ETF assets in the first 72 days of listing. BlackRock’s IBIT ranked first, Fidelity’s FBTC ranked second, and other Bitcoin Coin spot ETFs including Ark’s ARKB and Bitwise’s BITB are also on the list, which shows how hot this all is.

Among all 10,698 registered funds in the United States (including ETFs, mutual funds, and closed-end funds), IBIT’s traffic ranking since the beginning of the year is ranked second.

BlackRock IBIT stops net inflows for 71 consecutive days! Grayscale GBTC continues to set record of continuous net outflows

GBTC has been net outflowing for 72 consecutive days

In addition, Grayscale’s Bitcoin spot ETFFGBTC is still setting new records, and has been net outflowing for 72 consecutive days. Outflow, no ETF can compare with it.

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source:120btc.com
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