2024

Bitcoin

Within just 17 days of its launch, BlackRock’s iShares Bitcoin Trust (IBIT) has rapidly climbed the ranks to become one of the top five exchange-traded funds (ETFs) of 2024 in terms of inflows, as reported by Bloomberg Intelligence. The fund has accumulated impressive year-to-date inflows of $3.2 billion. 
IBIT’s stellar performance places it among the few that have surpassed $3.2 billion in inflows in 2024. The only competitors ahead of IBIT are well-established index ETFs from iShares and Vanguard, primarily focused on offering exposure to the S&amp;P 500 or the total stock market. Leading the pack is the iShares Core S&amp;P 500 ETF (IVV), securing the first position with $13 billion in inflows and boasting a substantial $428 billion in assets under management (AUM). Following closely is the Vanguard 500 Index Fund ETF (VOO) at the second spot, with $11.1 billion in inflows and nearly $398 billion in AUM. 
Additionally, Fidelity’s Wise Origin Bitcoin Fund (FBTC) has also made its mark, securing the eighth position among the top 10 ETF asset gatherers in 2024. FBTC has garnered $2.7 billion in inflows, showcasing its significant appeal to investors. 
Despite a recent slowdown in overall investments in new spot bitcoin ETFs, both BlackRock’s IBIT and Fidelity’s FBTC remain noteworthy as the only two funds consistently experiencing positive flows since their market debut. These achievements underscore the growing interest and confidence among investors in cryptocurrency-related exchange-traded funds.

BlackRock’s iShares Bitcoin Trust (IBIT) Emerges as Top-Performing Newcomer Among ETFs in 2024

CoinstelegramEng

2024년 2월 7일에 게재된 다른 기사

Crypto Prices Today: Market Remains Steady As Bitcoin, Pepe Coin, & DYM Advance

Barack Obama’s Insightful Remark on Bitcoin

Bank Run: Bitcoin Bull Says NYCB on Brink of Bankruptcy After Downgrade And Lawsuit

Exploring the Dynamics of Crypto Loans: A Comparative Analysis with Traditional Financing

Ondo Finance Brings Real-World Assets and Yield-Bearing Stablecoin-Alternative, USDY, to Sui

15 Best Polygon Wallets in 2024

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!