CF Benchmarks: BlackRock Spot Bitcoin ETF Could Attract $3 Billion in Inflows on First Day of Trading

CF Benchmarks said that BlackRock's spot Bitcoin ETF (IBIT) may attract a record-breaking $3 billion in capital inflows on its first day of trading. CF Benchmarks CEO Sui Chung said, "IBIT is expected to make history for ETFs today. Within the first 30 minutes of trading, the product attracted $400 million in capital inflows. This means that by the close of trading, its assets under management may reach as high as $3 billion, making it the largest debut in ETF history."