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BlackRock IBIT's year-to-date inflows exceeded QQQ, ranking fourth among major ETFs

2024-07-23 13:24
Odaily News According to Trader T monitoring, BlackRock Bitcoin Spot ETF (IBIT) surpassed QQQ (founded on March 10, 1999) to become the fourth ETF in terms of inflows this year; if the current inflow rate is maintained, IBIT may rank among the top three in the next few days. Note: On July 22, IBIT's inflows reached US$526.7 million, setting a record for the highest single-day inflow since March. It is understood that QQQ is an ETF fund that tracks the Nasdaq 100 Index, including the 100 technology stocks with the highest market capitalization listed on Nasdaq, excluding financial companies.