BlackRock’s iShares Bitcoin Trust (IBIT) has attracted more capital this year than the largest gold-backed ETF. On May 6, Bloomberg Senior ETF analyst Eric Balchunas reported that IBIT ranked as the US’ sixth-highest fund by year-to-date inflows. According to the data, IBIT has pulled in over $6.9 billion since January, outperforming the SPDR Gold Shares
The post BlackRock’s Bitcoin Trust surpasses gold-backed ETF inflows despite the precious metal’s historic rally appeared first on CryptoSlate. CryptoSlate Read More