The "iShares Bitcoin Trust (IBIT)" issued by BlackRock, the world's largest asset management company, achieved a record of 70 consecutive days of net capital inflow yesterday (22). Institutions are still rushing in!
Currently, the Bitcoin spot ETF with the largest asset management scale (AUM) is GBTC issued by asset management company GrayScale, and the second is IBIT issued by BlackRock. It is worth mentioning that the difference in asset management scale between the two is less than US$2 billion.
Currently, since the official approval of the Bitcoin spot ETF, the daily net capital inflow of GBTC funds has been negative. It is estimated that the asset scale of IBIT will exceed GBTC in the near future. #ibit