Data from Bloomberg Intelligence shows BlackRock's iShares Bitcoin Trust has become the 5th highest ETF in inflows so far in 2024. IBIT has seen $3.2 billion in inflows since its mid-January launch, putting it behind only mammoth S&P 500 and total stock market ETFs. Fidelity's Wise Origin Bitcoin Fund also made the top 10 list, with $2.7 billion in inflows ranking it 8th. IBIT and FBTC are the only two bitcoin ETFs that have seen continuous positive flows since launching.
