tl;dr
In 2024, BlackRock's IBIT Bitcoin ETF secured the third spot in the top 20 ETF ranking with $37 billion in inflows, indicating strong investor interest in digital assets. The Vanguard S&P 500 ETF (VOO) topped the list with $116 billion in inflows, followed by the iShares Core S&P 500 ETF (IVV) with ...
In 2024, BlackRock's IBIT Bitcoin ETF secured the third spot in the top 20 ETF ranking with $37 billion in inflows, indicating strong investor interest in digital assets. The Vanguard S&P 500 ETF (VOO) topped the list with $116 billion in inflows, followed by the iShares Core S&P 500 ETF (IVV) with $86 billion. The total ETF inflows reached $1.14 trillion, surpassing the previous record by 25%. BlackRock and Fidelity led in inflows, sustaining positive market performance for Bitcoin ETFs. Despite being less than a year old, IBIT's rapid growth reflects significant investor confidence in the digital product within the ETF ecosystem.
In a ranking of the top 20 exchange-traded funds (ETFs) in 2024, BlackRock’s spot Bitcoin ETF, IBIT, came in third. In a post shared by Eric Balchunas, Bloomberg’s senior ETF analyst on X, IBIT made the top three cut with a total flow of $37 billion. This is as other ETF products also posted record-breaking capital inflows. The top performers included Vanguard S&P 500 ETF (VOO), which achieved $116 billion in inflows. As number one, VOO flipped its previous record by $65 billion, signaling its attraction to institutional investors. Following that was iShares Core S&P 500 ETF (IVV), which came in second with $86 billion in inflows.
Despite being launched less than a year ago, BlackRock’s IBIT secured the third spot. The $37 billion inflows suggest strong interest from investors in digital assets. The only other spot Bitcoin ETF product that made it into the top 20 elite clubs was Fidelity’s FBTC. Its inflow of $11 billion helped it secure the 14th position in the ranking. Overall, exchange-traded funds attracted $1.14 trillion, surpassing the previous record by $225 billion or 25%. This surge highlights the increasing investor interest in ETF, possibly driven by strong performances from established players such as BlackRock.
In 2024, Farside Investors data revealed BlackRock and Fidelity leading in inflows. Sometimes, the duo registers a streak of inflows for weeks and helps ensure the Bitcoin ETF market stays in the green. BlackRock’s ability to secure the third spot aligns with its performance in October when it made the top five global ETF list. Notably, IBIT was cut after enjoying massive inflows of $1.5 billion in just six trading days. Analysts consider BlackRock’s performance record-shattering, given that the product was launched Jan. 11, 2024. The rapid growth signals how huge the digital product has become among investors in the ETF ecosystem.
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