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International Business Times
International Business Times
Business
Nica Osorio

BlackRock's IBIT Breaks The Billion Barrier: Top Executive Sheds Light On Inflow Surge

KEY POINTS

  • IBIT saw $1.081.8 billion inflows after the market closed Wednesday
  • Fidelity Investments' Wise Origin Bitcoin Fund (FBTC) secured the second position, attracting $882.4 million in inflows
  • Bitwise's Bitcoin ETF (BITB) settled in third place with $373.7 million

BlackRock's IBIT made a rare feat in the history of exchange-traded funds when it reached more than $1 billion in inflows within its first four days of trading.

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