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In 2024, the inflow of BlackRock's Bitcoin ETF climbed to the fifth highest among all ETFs.

In 2024, the inflow of BlackRock's Bitcoin ETF climbed to the fifth highest among all ETFs.

2024/02/06 23:31

According to Bloomberg Intelligence data, BlackRock's iShares Bitcoin Trust (IBIT) became the fifth highest ETF in terms of fund inflows in 2024, just 17 days after its launch. So far this year, the iShares Core SP 500 ETF (IVV) has seen an inflow of $13 billion, ranking first with assets under management (AUM) reaching $428 billion. The second is Vanguard 500 Index Fund ETF (VOO), with an asset inflow of $11.1 billion and a nearly $398 billion AUM. Also among the top ten for inflows this year is Fidelity's Wise Origin Bitcoin Fund (FBTC), which had an influx of funds amounting to $2.7 billion, ranking eighth.

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