BlackRock’s Bitcoin ETF Surges to Third Place in U.S. Market

BlackRock’s bitcoin ETF has risen to the third spot among US exchange-traded funds with the highest capital inflow. The product, launched this year, has outperformed many traditional asset ETFs. Bloomberg reports that IBIT, the fund’s ticker symbol, has accumulated $22.8 billion in investments by October’s end. In October alone, IBIT attracted nearly $2 billion in […]

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