EconomyThe $63 billion revolving door carrying the entire US Bitcoin ETF market
BlackRock’s IBIT has attracted $63.9 billion in cumulative net inflows since the US spot Bitcoin ETF launch, while the entire category retained $55.5 billion. Funds outside IBIT collectively posted $8.4 billion in net outflows, with Grayscale’s GBTC accounting for $27.6 billion. IBIT supplied enough inflows to offset those withdrawals and still drive the category total higher.
The $63 billion revolving door carrying the entire US Bitcoin ETF market
Economy