Bloomberg analyst: BlackRock Bitcoin spot ETF's asset management scale ranks among the top 2% of all ETFs

BlockBeats news, on October 21, Eric Balchunas, senior ETF analyst at Bloomberg, posted on social media that "BlackRock's Bitcoin spot ETF IBIT performed exceptionally well last week, with new funds reaching $1.1 billion, the best single-week performance since March, and surpassed VTI to rank third in the annual fund inflow list (this is incredible for new products launched late in the year, especially since the other products in the top five have a history of more than 20 years and assets of more than $300 billion). IBIT's assets under management are $26 billion, ranking in the top 2% of all ETFs."