BlackRock's IBIT ETF has been identified as the only negative-yielding fund among the top 25 US equity ETFs by inflows, according to Bloomberg analyst Eric Balchunas. Despite a yield of -9.59%, IBIT ranked sixth in inflows, surpassing the performance of GLD, which yielded 64%. This indicates significant investor interest, with over $25 billion flowing into IBIT during a bear market.
The substantial inflows into IBIT suggest potential for strong performance in a bull market, as on-chain data shows consistent demand. Meanwhile, top altcoins continue to capture investor attention, highlighting a diverse interest in the crypto market.
BlackRock's IBIT ETF Sees Strong Inflows Despite Negative Yield
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