BlackRock Bitcoin ETF surpassed YTD flows of 3,000 US ETFs in a single day, becomes top 3 ETF
The post BlackRock Bitcoin ETF surpassed YTD flows of 3,000 US ETFs in a single day, becomes top 3 ETF appeared on BitcoinEthereumNews.com.
BlackRock’s iShares Bitcoin Trust (IBIT) has secured the third-highest year-to-date inflows among US ETFs in 2024, attracting $26.174 billion. With a year-to-date return of 48.52% and assets under management reaching $30.1 billion, IBIT has outperformed many traditional ETFs in both inflows and performance. Further, IBIT’s YTD return is almost double the next highest from any of the other top 10 ETFs by fund flow. However, IBIT’s total AUM is more than ten times smaller than the other top four funds. Symbol Fund Name Fund Flows (YTD) NAV Total Return (YTD) AUM VOO Vanguard S&P 500 ETF 88.168 B USD +25.69% 562.998 B USD IVV iShares Core S&P 500 ETF 57.539 B USD +25.69% 547.201 B USD IBIT iShares Bitcoin Trust 26.174 B USD +48.52% 30.1 B USD VTI Vanguard Total Stock Market ETF 22.825 B USD +24.86% 456.167 B USD AGG iShares Core US Aggregate Bond ETF 18.713 B USD +1.41% 119.176 B USD QQQ Invesco QQQ Trust, Series 1 17.753 B USD +24.09% 296.249 B USD SPLG SPDR Portfolio S&P 500 ETF 16.644 B USD +25.67% 49.383 B USD BND Vanguard Total Bond Market ETF 14.507 B USD +1.40% 117.433 B USD CSTNL iShares VII PLC 13.149 B USD +25.45% 98.25 B USD VUG Vanguard Growth ETF 12.848 B USD +29.14% 148.824 B USD Top US ETFs Fund Flows (Source: Trading View) Yesterday, Nov. 7, in a single day, IBIT experienced an inflow of $1.1 billion, surpassing the annual flows of all but the top 150 ETFs in the United States. This significant influx exceeds the total year-to-date flows of the majority of the approximately 3,300 ETFs available in the US market. Symbol Fund Name Fund Flows (YTD) IYW iShares US Technology ETF 1.113 B USD QLTY The 2023 ETF Series Trust II GMO US Quality ETF 1.113 B…
Filed under: News - @ November 8, 2024 2:22 pm