IBIT’s Grand Entrance: BlackRock’s Bitcoin ETF Stuns Wall Street

BlackRock’s IBIT Bitcoin ETF, that sprightly newcomer to the financial gala, has pirouetted into the U.S. ETF top 10 by weekly inflows, settling neatly at ninth place. This feat arrived as the market, in a frenzy of bullish bravado, funneled over $35.39 billion into U.S. ETFs, a sum so staggering it made even the most jaded hedge fund manager reach for the smelling salts.


