Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
President of The ETF Store: BlackRock IBIT has attracted $15 billion in funds so far, while gold ETFs have seen billions of dollars outflow

President of The ETF Store: BlackRock IBIT has attracted $15 billion in funds so far, while gold ETFs have seen billions of dollars outflow

CointimeCointime2024/05/02 02:31
By:Cointime

Nate Geraci, President of The ETF Store, posted on X platform that the BlackRock IBIT has seen its first outflow of $37 million since its IPO, and has since attracted over $15 billion. In addition, iShares Gold ETF saw an outflow of $1 billion and SPDR Gold ETF saw an outflow of $3 billion this year, while gold prices rose 16% compared to the same period last year. This is what ETFs do, and fund inflows do not rise in a straight line.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

CandyBomb x DGAI: Trade to share 60,000 USDT

Bitget Announcement2026/09/03 13:00

CandyBomb x DEBIT: Trade to share 45,000 USDT

Bitget Announcement2026/09/01 13:00

Bitget Will Support the BounceBit (BB) Contract Swap

Bitget Announcement2026/09/01 08:00

Hold USDGO for dual perks, earn up to 30%+ APR!

Bitget Announcement2026/09/01 02:00