The Bitcoin ETFs are getting interesting again

in bitcoin •  2 months ago 

The Bitcoin ETF IBIT is looking interesting

The best ETF out of the gate was clearly IBIT.

That is the one put out by BlackRock.

However, the last several weeks have been interesting.

Pretty much no one is buying IBIT anymore...

image.png

(Source: https://x.com/btcinsights_io/status/1837091838878154793/photo/1)

It has been a major laggard compared with other bitcoin ETFs.

It has seen less than $3 million worth of inflows in the last 17 trading day.

This is even more surprising given the performance of some of the other bitcoin ETFs...

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!