Summary
- BlackRock's Bitcoin spot ETF (IBIT) has reached 23rd place in the overall ETF assets under management (AUM) ranking.
- Eric Balchunas, a Bloomberg ETF analyst, commented that it is extremely unusual for IBIT to reach this ranking in just 1 year and 4 months since its launch.
- It was reported that on the Binance USDT market, the price of Bitcoin is trading at $105,354, up 1.07% from 24 hours ago.
BlackRock's Bitcoin (BTC) spot exchange-traded fund (ETF) has reached 23rd place in the overall ETF assets under management (AUM) ranking.
On the 3rd (local time), Eric Balchunas, a Bloomberg ETF analyst, stated on X (formerly Twitter), "IBIT is ranked 23rd among all ETFs based on assets under management," adding, "This is an unbelievably impressive record." He also mentioned, "IBIT has been out for about 1 year and 4 months," and added, "That’s nearly 9 times less time than the other ETFs."
As of 9:44 PM, based on the Binance USDT market, Bitcoin is trading at $105,354, up 1.07% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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