Blackrocks Spot Bitcoin Exchange Traded Fund has been appointed the very best latest ETF product by ETF.com since it has recorded its highest inflows since January 21.
On April 23, Blackrocks Ishare Bitcoin ETF (IBIT) was awarded the “Best New ETF” on the annual ETF.com ETF Awards. Shortly afterwards in an X contribution, Eric Balchunas, the analyst of Bloomberg ETF, said it feels right for me.
Ibitubt clocks the very best inflows in three months
“I'm pretty sure I'm right. Both did things that no person saw [before]“, Said Balchunas and likewise check with the Vanguard S&P 500 ETF (Voo), who won the“ Etf of the Year ”award. According to Google Finance data, Voo has increased by 89%previously 5 years.
Ibit was also the recipient of the Crypto ETP of the yr.
The two awards from IBIT got here on the identical day, on which Ibit 643.2 million US dollars recorded tributaries, in response to Farside data. It was the very best day of the inflow since January 21, when it was $ 661.9 million, just in the future after the inauguration of US President Donald Trump when Bitcoins Spot Prize achieved an all-time high of $ 109,000.
Bitcoin acts at $ 93,290 on the time of publication. Source: Coinmarketcap
The Bitcoin commentator Vivek said that this was “massive” while the co-founder of Apollo Sats, Thomas driver, said: “Huge inflow”.
The IBIT fund, which was launched in January 2024 along with 10 other US spot bitcoin ETFs, has a net assets of roughly $ 53.77 billion. In the past 30 days, a mean of 45.02 million shares per day have been traded.
At the time of publication, a single IBIT share in response to Google Finance data is traded at $ 53.20.
In the meantime, Vaneck Bitcoin ETF (Hodl) received the award for “Best New Etf -Ticker”.
The great inflow of IBIT on April 23 was essentially the most a part of the 917 million dollars that were shown on all 11 Bitcoin ETFs that day. It was the second day in a row with over 900 million US dollars in tributaries in the course of the most important a part of the month that publish the method days as a consequence of macro uncertainties.
On April 23, Glassnode identified that the ETF inflow of 912 million US dollars before the day was greater than 500 times the day by day average of 2025.
This article doesn’t contain investment advice or recommendations. Every investment and trade movement is the chance, and readers should perform their very own research results in the event that they make a call.
