Bitcoin exchange-traded funds attracted over $4 billion in inflows on their first day of trading on Thursday, according to data shared by Bloomberg’s senior ETF analyst Eric Balchunas at market close Thursday.
“Easily the biggest Day One splash in ETF history,” the analyst wrote on social media platform X.
HOME STRETCH: $IBIT has just passed $1b in volume today (will break $BITO's record) w/ group hitting $4.3b or $2.2b ex-GBTC (which isn't 'new' per se). Also good sign to see 4 issuers over $100m. Strong middle class in the works. Easily the biggest Day One splash in ETF history. pic.twitter.com/LeVJKvWj3V
— Eric Balchunas (@EricBalchunas) ...Full story available on Benzinga.com
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