BlackRock IBIT rises to No. 6 in year-to-date ETF inflow rankings

Odaily Planet Daily News According to Eric Balchunas, senior ETF analyst at Bloomberg, BlackRock's Bitcoin exchange-traded fund IBIT attracted another $500 million yesterday, with inflows for 15 consecutive days, rising to sixth place (previously eighth place) in the ETF fund inflow rankings since the beginning of the year, surpassing GLD, which is worth noting because IBIT has only risen by 4%, while GLD is at its peak. In this case, attracting more funds is undoubtedly a good sign for the long term, and it also makes Bitcoin ETFs confident that the asset management scale will reach three times that of gold within 3-5 years.