American Spot Bitcoin -iShares fund Bitcoin BlackRock's IBIT Trust Becomes Most Successful ETF over the past ten years. It has raised more than $36 billion, outperforming nearly 2850 funds.
In other words, IBIT has a higher net inflow of funds than any other ETF , launched in 2014. And this is in just 11 months, said the CEO of The ETF Store Nate Geraci.
According to Farside Investors, IBIT has raised about $36,3 billion since its launch. That's more than the $36,2 billion raised by the rest of the U.S. spot BTC combined. ETF . It's also nearly three times the $12,4 billion raised by Fidelity's second-largest exchange-traded fund, FBTC.
IBIT also holds the record for daily inflow of funds among other BTC- ETF . In one day, the BlackRock fund attracted more than $1,1 billion from investors. This is twice the maximum amount of $473,4 million received by FBTC from Fidelity.
Bitcoin and Ethereum-based exchange-traded funds have become a major topic of discussion in the crypto community this year. Experts are considering these ETF as the “driving force behind the rapid growth” of the digital asset market in recent months. Bloomberg senior stock analyst Eric Balchunas noted that the total assets under management of these funds reached $130 billion, exceeding the $128 billion managed by ETF based on gold.
