BlackRock’s Bitcoin ETF Beats Competition Despite Negative Return

A recent analysis by Bloomberg found that among the top 25 US equity ETFs, only one has reported negative returns – BlackRock’s IBIT bitcoin trading exchange-traded fund. Despite this, it still managed to attract over $25 billion in capital inflow during a bear market phase, indicating strong potential for future growth. This positive sign suggests that even the most downturned investments can continue to draw interest from investors once the market turns bullish.

Source: https://www.bitget.com/news/detail/12560605118652