Spot Bitcoin ETFs Account for 26% of BlackRock's Inflows in 2024
Farside Investor data shows that since their launch nearly five months ago, BlackRock's IBIT and Fidelity's FBTC have seen inflows of $16.6 billion and $8.9 billion, respectively, accounting for 26% and 56% of BlackRock and Fidelity's inflows.
In addition, according to Stock Analysis, BlackRock currently has 429 ETFs with total assets under management of $2.8 trillion, while Fidelity has only 70 ETFs with total assets under management of $74 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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