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Bloomberg ETF Analyst: IBIT fund inflows are performing strongly and are expected to reach the top.
PANews June 23 news, Bloomberg ETF analyst Eric Balchunas stated that (BlackRock's Bitcoin Spot ETF) $IBIT has surged to fourth place in the fund inflow rankings so far this year, and despite being established for only a year and a half, it ranks fifth in three-year fund inflows. Michael Saylor then stated that at this rate, $IBIT is expected to become the champion of fund inflows. Balchunas added that although $VOO is currently performing strongly, $IBIT still has the potential to challenge the top position.