Four Bitcoin exchange-traded funds have secured positions among the largest 30 asset funds within their first 50 days on the market, with BlackRock’s IBIT and Fidelity’s FBTC “in a league of their own,” as per insights from Bloomberg senior ETF analyst Eric Balchunas.
The data indicates that even Bitwise’s BITB is presently ranked 18th in assets under management, exceeding the world’s largest SPDR Gold Shares fund. Meanwhile, BlackRock’s fund saw inflows of $162.2 million, which is lower than earlier in the month when daily inflows averaged over $300 million.
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