In just four trading days since listing on exchanges, investor flows in some of 10 are stacking up to broad-market funds, according to Bloomberg Intelligence data.
Three of them - BlackRock's IBIT, Fidelity's FBTC and Bitwise's BITB - land in the top 10 in year-to-date flows. That puts them in the ranks with the $400 billion-plus asset iShares Core S&P 500 ETF and $980 billion Vanguard S&P ETF.
There could be more fund launches on the way. Exchanges have filed to list options on those new bitcoin ETFs (we told you this would happen). Other ETF shops have filed to launch new types of bitcoin ETFs: Inverse, leveraged, covered calls.
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