IBIT Ranks First in Total ETF Inflows

Source
Son Min

Summary

  • BlackRock's IBIT was reported to have ranked first in weekly ETF inflows.
  • It was reported that last week IBIT had $3.5 billion in net inflows.
  • The other 11 spot Bitcoin ETFs also reportedly recorded net inflows.

BlackRock's spot Bitcoin (BTC) exchange-traded fund (ETF) IBIT was reported to have ranked first in weekly ETF inflows.

On the 8th (local time), Bloomberg ETF analyst Eric Balchunas said on X (formerly Twitter), "Last week IBIT had net inflows of $3.5 billion," saying, "This is the largest inflow among all ETFs." He added, "The other 11 spot Bitcoin ETFs also recorded net inflows."

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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