Bitcoin ETF 'IBIT' with $89 Billion Under Management Surges to 5th Rank in US ETF Rankings

According to Bloomberg ETF analyst Eric Balchunas on April 21st, BlackRock's Bitcoin spot ETF 'IBIT' has entered the top 5 ETFs in terms of year-to-date inflow. Just a month ago, it was ranked 47th, but since April 21st, it has recorded approximately $6.5 billion in net inflows, bringing the total year-to-date net inflows to $89 billion (approximately 1.2 trillion yen).

On May 21st, IBIT achieved $287 million in net inflows, surpassing the SPDR Short-Term Treasury ETF (BIL) and rising to 5th place. It now ranks just below the iShares Ultra Short-Term Bond ETF (SGOV) with $168 billion...