Bloomberg Analyst: The inflow of IBIT funds has accounted for about 50% of the total inflows into the 417 ETFs under BlackRock so far this year
Bloomberg ETF analyst Eric Balchunas revealed data on the X platform showing that last week, net inflows into 10 spot Bitcoin ETFs reached $2.3 billion. Among them, BlackRock's IBIT has seen fund inflows of $5.2 billion so far in 2024, while the total fund inflow amount for BlackRock's 417 ETFs is about $10.4 billion. This means that the funds flowing into IBIT account for approximately 50% of the total inflow to BlackRock's 417 ETFs so far this year.
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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