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Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
Bloomberg ETF analyst: BlackRock's IBIT ranks eighth in ETF fund inflows year-to-date.
PANews May 5 news, according to Bloomberg senior ETF analyst Eric Balchunas's post on the X platform, currently VOO and BlackRock's Bitcoin exchange-traded fund IBIT rank first and second in weekly fund inflows, just like last year when "Bitcoin + Beta" was the core theme of the ETF market. In addition, BlackRock's IBIT ranks eighth in ETF fund inflows year-to-date (at one point dropping out of the top 50), with outflows exceeding $6.4 billion, but since the assets have depegged from Bitcoin and U.S. stocks, IBIT has been madly absorbing Bitcoin.