PANews reported on November 8 that according to CryptoSlate, BlackRock's iShares Bitcoin Trust (IBIT) has become the third highest net inflow fund among US ETFs in 2024, attracting $26.174 billion. As of now, IBIT's annual return rate is 48.52%, and its assets under management have reached $30.1 billion, surpassing many traditional ETFs in both net inflows and performance. In addition, IBIT's annual return rate is almost twice the second highest return rate of other funds in the top ten fund flow rankings. However, IBIT's total assets under management (AUM) is more than ten times smaller than the other top four funds.
Just yesterday, November 7, IBIT saw net inflows of $1.1 billion in a single day, a figure that exceeds the annual inflows of all but the top 150 ETFs in the U.S. This significant inflow exceeds the total year-to-date inflows of most of the approximately 3,300 ETFs in the U.S. market.
