BlackRock Bitcoin fund wins best new ETF on $643M inflow day
ETF analyst Eric Balchunas said he is pretty sure this is how I voted, amid the spot Bitcoin ETF posting a massive inflow day not seen since late January.
BlackRocks spot Bitcoin exchange-traded fund has been named the best new ETF product by etf.com, as it recorded its highest inflows since Jan. 21.
On April 23, BlackRocks iShare Bitcoin ETF (IBIT) was awarded the Best New ETF at the annual etf.com ETF awards. In an X post shortly after, Bloomberg ETF analyst Eric Balchunas said it feels right to me.
Im pretty sure this is how I voted. Both of them did things no one has seen [before], Balchunas said, also referencing the Vanguard S&P 500 ETF (VOO) winning the ETF of the Year award. Over the past 5 years, VOO is up 89%, according to Google Finance data.
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