BlackRock's Bitcoin ETF Spot is in the top 10 ETFs with the longest daily inflows

This article is machine translated
Show original
BlackRock's Bitcoin ETF Spot recorded net inflows for the 70th consecutive day, placing the product in the top 10 ETFs with the longest daily inflow chain .

BlackRock continued Bitcoin ETF Spot's winning chain by adding more than $600 million on Monday, recording inflows for the 70th consecutive day. That puts the financial giant's ETF in the top 10 of exchange-traded funds with the longest daily inflows.

Bloomberg senior analyst Eric Balchunas posted an image to the most successful ETF trading funds in history.

According to data posted by Balchunas, the JETS exchange-traded fund, which combines stocks of companies operating in the aviation industry, has also achieved a record 70 consecutive days of inflows. Before Monday, JETS was alone in 10th place.

For 160 consecutive days, the JPMorgan Equity Premium Income ETF, or JEPI, tops the list with the longest chain of daily cash flows.

According to BlackRock data, IBIT's Bitcoin ETF Spot had inflows of $600 million on Monday, bringing its total Assets Under Management (AUM) to $18.2 billion.

Grayscale's Bitcoin ETF Spot (GBTC) has maintained its lead as the largest asset manager among crypto-based funds since they all began trading in January, despite recent trends. Recent trends still record continuous cash outflows. Current activity is showing that GBTC is vulnerable to losing its top 1 position to BlackRock.

VIC Crypto compiled

Related news:

enlightened Grayscale's Bitcoin Mini Trust ($ BTC) will have the lowest fees among the Bitcoin Spot ETFs

enlightened Hong Kong Could Approve Bitcoin, Ether Spot ETFs as Early as Next Monday

enlightened Grayscale CEO said the period of large cash outflows from their Bitcoin ETF is over

enlightened SEC continues to delay approval of Bitcoin ETF options contract proposal

enlightened Grayscale files application for registration of a version of Grayscale Bitcoin "Mini" Trust codenamed "BTC"

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
1
Add to Favorites
Comments