Bitcoin ETFs become hottest product in BlackRock, Fidelity’s r | Crypto Publisher
Bitcoin ETFs become hottest product in BlackRock, Fidelity’s repertoire of funds
BlackRock and Fidelity Investment’s spot Bitcoin ETFs — IBIT and FBTC — have become the most popular funds the two asset managers currently offer in less than 50 days of trading, based on data shared by Bloomberg ETF analyst Eric Balchunas. IBIT and FBTC were launched on Jan. 11 and have consistently posted record-setting numbers and generally outperformed the wider ETF market. The strong performance is evidence of Bitcoin’s growing popularity in traditional financial circles.
