BlackRock and Fidelity Bitcoin ETFs Account for 26% and 56% of Company’s ETF Inflows
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June 4, 2024

BlackRock and Fidelity's Bitcoin ETFs have contributed significantly to the issuers' total ETF inflows this year.

According to Eric Balchunas, ETF analyst at Bloomberg, Bitcoin ETFs account for 26% and 56% of BlackRock's and Fidelity's inflows so far this year, respectively.

Since launching nearly five months ago, BlackRock's iShares Bitcoin Trust (IBIT) and Fidelity's Wise Origin Bitcoin Fund (FBTC) have attracted inflows of $16.6 billion and $8.9 billion, according to data from Farside Investor.

However, despite these impressive figures, Vanguard remains in the lead, with total inflows into its ETFs of $102.8 billion year-to-date.

This figure outpaces BlackRock, which has received $65.1 billion in inflows.

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