The spot Bitcoin Exchange-Traded Fund (ETF) provided by BlackRock, the largest asset management firm in the world, is currently among the top 0.2% of all exchange-traded products (ETPs) issued in the United States so far in 2024.

BlackRock Bitcoin ETF Making Waves

The BlackRock spot Bitcoin ETF, approved along with ten other ETFs by the United States Securities and Exchange Commission (SEC) on January 10, is currently one of the hottest ETPs in the U.S. market, noted senior Bloomberg ETF analyst Eric Balchunas in a post on social media platform X.

Top 10 ETPs in the U.S. — Source

Recent data indicates that the iShares Bitcoin Trust (IBIT) has experienced significant inflows amounting to…

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