Bloomberg analyst: BlackRock's Bitcoin spot ETF assets under management rank in the top 2% of all ETFs
ChainCatcher news, Bloomberg senior ETF analyst Eric Balchunas posted on social media, "The Bitcoin spot ETF IBIT launched by BlackRock performed exceptionally well last week, with new inflows reaching $1.1 billion, marking the best single-week performance since March, and surpassing VTI to rank third in the annual inflow leaderboard (this is simply incredible for new products launched later in the year, especially since the other products in the top five have been around for over 20 years and have assets exceeding $300 billion). IBIT has a managed asset size of $26 billion, ranking in the top 2% of all ETFs."
