According to Bloomberg Intelligence, BlackRock Bitcoin ETF has risen up the ranks to join the five ETFs in terms of inflows. Meanwhile, top analysts have forecasted bullish gains for the two altcoins, KangaMoon and Shiba Inu.
BlackRock Bitcoin ETF Among the Top 5 in Terms of Inflows
According to Bloomberg Intelligence data, the BlackRock iShares Bitcoin Trust (IBIT) has made significant moves in 2024. It has become one of the top exchange-traded funds (ETFs) by attracting inflows, making it among the top five ETFs.
This ETF has outperformed other funds, recording over $3.19 billion in inflows. Only broad index funds like those following the Vanguard Total Stock Market ETF and S&P 500 are above it.
In addition, Eric Balchunas, a senior ETF analyst at Bloomberg, tweeted more positive news lately. Eric Balchunas stated that the BlackRock ETF now ranks in the top 0.16% of the 3,109 ETFs available in the US.
Currently, Bitcoin prices fluctuate between $41,971.37 and $43,654.52. The coin
We współpracy z: https://www.thecoinrepublic.com/2024/02/08/blackrock-bitcoin-etf-join-top-5-shiba-inu-and-kangamoon-price-prediction/
