Bloomberg analysts: BlackRock IBIT rises to sixth place in ETF inflow rankings year-to-date
2025-05-06 11:35
Odaily News According to Eric Balchunas, senior ETF analyst at Bloomberg, in an article on the X platform, BlackRock's Bitcoin exchange-traded fund IBIT attracted another $500 million yesterday, with inflows for 15 consecutive days, rising to sixth place (previously eighth) in the year-to-date ETF inflow rankings, surpassing GLD, which is worth noting because IBIT has only risen 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 the Bitcoin ETF's asset management scale reach three times that of gold in 3-5 years.
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