New Delhi, Oct. 14 -- BlackRock's iShares Bitcoin Trust (IBIT) has emerged as the dominant Bitcoin ETF, recording $2.63 billion in net inflows between October 6 and October 10. This accounted for the bulk of the $2.71 billion that flowed into the US Bitcoin ETFs during the week.
With $65.26 billion in cumulative inflows and nearly $94 billion in assets under management (AUM), IBIT now controls about 4.13% of Bitcoin's total market capitalization, underscoring its leadership in the crypto ETF market, according to a report by Coincentral.
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In just 21 months since launch, BlackRock's iShares Bitcoin Trust has rewritten ETF history. The fund has already generated $245 million in annual fees, overtaking legac...
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