BlackRock Spot Bitcoin ETF Inflows Climb to Fifth Highest Among All ETFs in 2024
According to Bloomberg Intelligence data, the iShares Bitcoin Trust (IBIT) from BlackRock has become the fifth highest ETF in terms of fund inflows since its launch just 17 days ago. So far this year, the iShares Core SP 500 ETF (IVV) has the highest fund inflows of $13 billion and manages assets worth $428 billion, ranking first. The second-ranked Vanguard 500 Index Fund ETF (VOO) has inflows of $11.1 billion and manages assets worth nearly $398 billion. Also among the top 10 inflows this year is the Wise Origin Bitcoin Fund (FBTC) from Fidelity, which has inflows of $2.7 billion and ranks eighth.
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