BlackRock IBIT ranks fourth in fund inflows among major ETFs this year
According to ChainCatcher news, monitored by Trader T, BlackRock's Bitcoin Spot ETF (IBIT) has surpassed QQQ (established on March 10, 1999) to become the fourth ETF by inflow of funds this year; if the current inflow rate continues, IBIT may enter the top three in the coming days.
On July 22, the inflow amount for IBIT reached $526.7 million, setting a new record for the highest single-day inflow since March.
It is reported that QQQ is an ETF fund that tracks the Nasdaq 100 Index, which includes the 100 largest technology stocks listed on Nasdaq, excluding financial companies.
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