View full page at cryptocraft.com

 

BlackRock extends bitcoin ETF inflows lead as category demand slows

From blockworks.co

BlackRock continues to attract assets to its bitcoin ETF daily, even as its competitors see inflows into similar funds stall. The asset management giant’s iShares Bitcoin Trust (IBIT) has been a flow-gathering standout since US spot bitcoin ETFs launched on Jan. 11. It so far has tallied more than $15.3 billion of net inflows — ahead of the $8 billion or so notched by the next-best Fidelity Wise Origin Bitcoin Fund (FBTC). Grayscale Investments’ Bitcoin Trust ETF (GBTC) has kept a slight assets under management edge over IBIT for now — at about $19.4 billion to $17.1 billion, respectively, as of Tuesday. However, ... (full story)

Story Stats

  • Posted:
  • Category: Crypto Industry News