BlackRock CEO Expresses Surprise at Bitcoin ETF Performance and Optimism for Long-Term Viability

According to PANews, BlackRock CEO Larry Fink expressed his surprise at the performance of the Bitcoin ETF and reiterated his 'very optimistic' attitude towards the long-term viability of Bitcoin. In an interview with Fox Business on March 27, Fink said, 'IBIT is the fastest-growing ETF in history.

Data from Farside Investors shows that IBIT performed strongly in its early trading days, attracting a total of $13.5 billion in inflows in the first 11 weeks, with a single-day high of $849 million on March 12. The average daily inflow for IBIT is slightly more than $260 million.

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