List of Flash News about crypto ETF assets
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2025-05-28 13:26 |
IBIT ETF Surges to $72B Assets: Ranks 23rd Globally, Setting New Crypto ETF Records
According to Eric Balchunas, IBIT ETF has rapidly amassed $72 billion in assets within just one year, ranking it 23rd among global ETFs, which is unprecedented for such a young fund. This remarkable growth highlights increasing institutional and retail interest in crypto ETFs, signaling robust capital inflow into the cryptocurrency market. Traders should monitor IBIT's performance as its asset growth may drive increased Bitcoin demand and potentially influence overall crypto market liquidity and volatility. (Source: Eric Balchunas, Twitter, May 28, 2025) |