IBIT's Surprising Inflows Despite Bitcoin's Downturn

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Sundays

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Despite a down year, BlackRocks iShares Bitcoin Trust (IBIT) has attracted over $25 billion in new cash, making it the sixth most popular ETF for inflows in 2025. IBIT stands alone as the only top 25 ETF with a loss, yet it outpaces other funds like SPDR Gold, which has gained 65% this year. Analyst Eric Balchunas sees this as a bullish sign for bitcoins long-term potential.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.