BlackRock's Bitcoin ETF Surging Up 2025 Leaderboard
As noted by ETF analyst Eric Balchunas, BlackRock's iShares Bitcoin Trust ETF (IBIT) has now made it to the top 5 exchange-traded funds (ETFs) by year-to-date inflows.
The extremely successful product has now attracted close to $9 billion in YTD inflows.
Notably, IBIT was in 47th place in terms of inflows last month. Over the past month alone, however, they attracted more than $6.5 billion worth of inflows.
"As gold and cash ETFs slip down, the leaderboard is slowly turning back into 2024," he said.
At the current rate, IBIT is now on track to become the second-biggest ETF in terms of inflows by July 4.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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