Bitcoin ETF exceeds $125 billion, BlackRock's IBIT ranks 31st globally

avatar
PANews
01-31
This article is machine translated
Show original

PANews reported on January 31 that, according to Cointelegraph, the US spot Bitcoin ETF surpassed $125 billion in assets under management on January 30, 2024, accounting for 6.05% of the current Bitcoin supply. From January 1 to 24, Bitcoin ETFs attracted over $4.2 billion in inflows, accounting for 6% of all ETF inflows.

The Bitcoin ETF managed by BlackRock has become the 31st largest ETF globally, with over $58 billion in assets under management, accounting for 46.4% of the US Bitcoin ETF market share.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments