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According to CryptoSlate, BlackRock's iShares Bitcoin Trust (IBIT) has become the third highest net inflow of funds in US ETFs from early to present in 2024, attracting $26.174 billion. As of now, IBIT's annual return rate is 48.52%, with a managed asset size of $30.1 billion, surpassing many traditional ETFs in terms of net inflows and performance. In addition, the annual return rate of IBIT is almost twice as high as the second highest return rate of other funds in the top ten fund traffic rankings. However, IBIT's total asset under management (AUM) is more than ten times smaller than the other top four funds. Just yesterday, November 7th, IBIT's net inflow of funds reached $1.1 billion in a single day, exceeding the annual inflow of all ETFs in the United States except for the top 150 ETFs. This significant inflow of funds exceeds the total annual inflow of most of the approximately 3300 ETFs in the US market. @yigitduman
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