IBIT Inflows Slow Down Despite Strong Overall Performance #inflows #StrongerTogether

BlackRock’s flagship Bitcoin exchange-traded fund $ETH (ETF), IBIT, has experienced a significant slowdown in inflows over the past two weeks. According to data from Farside Investors, the fund recorded zero inflows for most days between Sept. 10 and Sept. 13. While the fund did see some inflows during this period, totaling $15.8 million on Sept. 16 and experiencing outflows of $9.1 million on Sept. 9, these were relatively minor compared to the fund’s overall performance.

Despite the recent lull, IBIT continues to hold a substantial lead in terms of total inflows since the launch of spot Bitcoin ETFs in the United States in January. Since the beginning of the year, IBIT has attracted $20.924 billion in inflows, far surpassing its closest competitor, Fidelity Wise Origin $BTC Bitcoin Fund (FBTC), which has seen $9.704 billion in net inflows.