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

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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