EconomyBlackRock’s Bitcoin ETF Barely Beats the S&P 500 After a 53% Crash
BlackRock’s iShares Bitcoin Trust (IBIT) returned 67.74% from its January 2024 launch through Aug. 31, narrowly ahead of Vanguard’s S&P 500 ETF at 66.14%. The lead came despite IBIT suffering a 53.30% peak-to-trough drawdown, nearly three times VOO’s 18.69% decline.
BlackRock’s Bitcoin ETF Barely Beats the S&P 500 After a 53% Crash
Economy