According to Bloomberg's Eric Balchunas, BlackRock's iShares Bitcoin Trust ETF (IBIT) topped the U.S. leaderboard for the first time
BlackRock's iShares Bitcoin Trust ETF (IBIT) topped the U.S. leaderboard for the first time on Thursday, as the leading asset management firm's crypto fund attracted nearly $877 million in a single day.
According to Bloomberg's Eric Balchunas, the iShares 20+ Year Treasury Bond ETF (TLT) brought in $851 million, settling for second place.
The First Trust Long/Short Equity ETF (FTLS), which provides market exposure with downside protection, is in third place with $808 million.
The iShares Core S&P 500 ETF and the iShares MSCI EAFE Value ETF, which focuses on international value equities, are also in fourth and fifth places.
The fund also managed to surpass the Vanguard S&P 500 ETF (VOO), the absolute juggernaut that allows investors to gain exposure to the index that represents the top 500 U.S. companies.
That said, VOO, of course, remains the dominant ETF during the week and month.
As reported by U.Today, Bitcoin ETFs secured nearly $1 billion on Thursday, with IBIT accounting for virtually all of them.
The iShares Bitcoin Trust ETF (IBIT) has now attracted roughly $8 billion in roughly a month, pushing the price of Bitcoin to record highs.
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