BlackRock launches new Bitcoin ETF on Cboe Canada
Steno Research analysts predict that Bitcoin ETFs could see an estimated $48 billion in net inflows during 2025.
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Steno Research analysts predict that Bitcoin ETFs could see an estimated $48 billion in net inflows during 2025.
Many executives and analysts predicted the success of US spot Bitcoin ETFs in 2024, but the funds surpassed expectations.
BlackRock’s IBIT has also seen a record three consecutive trading days of outflows.
The iShares Bitcoin Trust brought in more than $37 billion in net inflows since launching in January, according to Farside Investors.
BlackRock’s Bitcoin ETF saw a record outflow on Christmas Eve amid a four-trading day outflow streak from US Bitcoin funds.
On Dec. 16, US spot and derivative Bitcoin ETFs collectively broke $129 billion in net assets, surpassing gold ETFs for the first time.
The recommendation applies to investors who wish to hold Bitcoin, the asset manager said.
Bitcoin exchange-traded funds now collectively manage approximately $104 billion, and are on track to surpass gold ETFs in net assets.
BlackRock’s IBIT BTC options launch was a success, but how realistic are traders’ high six-figure Bitcoin price expectations?
Bloomberg’s senior ETF analyst Eric Balchunas said that “$1.9 billion is unheard of for day one” as the debut day for options on BlackRock’s spot […]
