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Tag: Gold-Based ETF

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BlackRock’s IBIT Hits All-Time High, Surpasses Gold-Based ETF

In Brief BlackRock’s Bitcoin ETF, IBIT, now surpasses its gold ETF, with record inflows amid a market rally. Trump’s election and Fed rate cuts fuel IBIT’s meteoric rise, intensifying Bitcoin’s status as “digital gold.” Bitcoin ETFs saw $1.38 billion in inflows, with BlackRock’s IBIT capturing $1.1 billion, far outpacing competitors. Trading data reveals that BlackRock’s…
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