Analysis: BlackRock IBIT ranks among top 100 ETFs by assets among nearly 3,500

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Cointime2024/04/12 10:19

By:Cointime

According to The ETF Store President Nate Geraci, BlackRock has once again sparked a wave of advertising for its Bitcoin spot ETF. Geraci said, "iShares is aggressively advertising its Bitcoin ETF spot. I saw seven banner ads on the Bloomberg homepage. Remember, it's only been three months since the Bitcoin spot ETF was listed, and the marketing war has just begun."

Geraci also said, "In terms of assets, iShares' Bitcoin ETF is currently ranked in the top 100 among all ETFs, which is an achievement among nearly 3,500 ETFs. It did this in three months."

Meanwhile, the trading volume of the spot Bitcoin ETF remained stable on Thursday at $2.5 billion, once again led by IBIT, with a trading volume of $1.1 billion. It is worth mentioning that after reaching a record $9.9 billion on March 5, daily trading volume has declined slightly. (The Block)

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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