logo

IBIT Surpasses GLD in Inflows: A Strong Signal for Bitcoin ETF’s Future Growth

By: en coinotag|2025/05/06 20:00:03
0
Share
copy
COINOTAG reports that as of May 6th, Eric Balchunas, a senior analyst at Bloomberg, highlighted significant market developments in his recent commentary. IBIT has seen an impressive infusion of capital, attracting an additional $500 million yesterday, which marks its 15th consecutive day of positive inflows. This achievement positions IBIT as the sixth top contender for annual inflows, notably surpassing GLD in the process. Despite IBIT’s moderate increase of only 4% , particularly while GLD hits new historic highs, its capacity to consistently attract funds signals a robust appetite from investors. This trend is a strong indicator for the long-term outlook of crypto assets. Moreover, analysts remain optimistic, projecting that the assets managed by a Bitcoin ETF could potentially triple those of gold ETFs within the next three to five years .

You may also like

AI Trading in Live Markets: 4 Lessons From a WEEX Hackathon Top 10 Finalist

AI trading meets real markets. Explore 4 lessons from a WEEX Hackathon Top 10 finalist on surviving volatility, trusting AI models, and building smarter crypto trading systems.

MegaETH Co-founder: 48 Hours After Leaving Dubai, I Reassessed the Entire Crypto Space

In an era of technological upheaval, rather than pursuing the "legitimacy" co-opted by power, it is better to sharpen the blade and build parallel systems that truly expand individual sovereignty.

Web3 Winter Mass Exodus: Resignations, Closures, Transformations, and Acquisitions

The intense collision between technology and capital, products and markets, vision and reality, each story reflects the confusion and unwillingness of the market participants.

Key Market Information Discrepancy on March 4th — A Must-Read! | Alpha Morning Report

1. Top News: Strait of Hormuz Emerges as Flashpoint in US-Iran Standoff, US Stocks Trim Losses, Asia-Pacific Markets Open Sharply Lower, Cryptocurrencies See Slight Recovery 2. Token Unlock: None

During the weekend market closure, Hyperliquid more accurately predicted the Gold reopening price than Binance

When markets are closed and real-time pricing is needed due to geopolitical risks, Hyperliquid takes the lead and is closer to the eventual futures reopening price.

OpenClaw thrusts crypto project Venice.ai into the spotlight as its token VVV surges over 500% in a single month

Openclaw Founder Advises Young People "Not to Waste Time on Cryptocurrency," Yet in its official documentation, it lists the cryptocurrency project Venice.ai as a recommended model provider.

Popular coins

Latest Crypto News

17:43

The panic index VIX rose by 1.01 points, closing at 24.6

According to Jinshi News, the panic index VIX rose by 1.01 points, reporting at 24.6.
17:43

Data: An address has held ETH for 10 years, with an increase of nearly 10,000 times

According to Arkham monitoring, the individual held $30 worth of ETH in 2015 and has not moved it for ten years. Now their holdings are worth $295,000, an increase of nearly 10,000 times. Earlier this week, they sold $95,000 worth of ETH.
17:43

Bybit incubates DEX Byreal and releases the first open-source command line interface tool for AI agents

The first on-chain DEX incubated by Bybit, Byreal, founder emilyrealfreeman stated on social media that the Byreal Command Line Interface (CLI) has been open-sourced, marking its first protocol interface designed for AI agents.Unlike ordinary API wrappers or chatbot interfaces, Byreal CLI redefines ...
17:43

QCP: Bitcoin performs strongly under the Hormuz crisis, while the AI and technology sectors face pressure

QCP's analysis states that the continued closure of the Strait of Hormuz has led to rising energy prices, with Brent crude oil reaching $83 per barrel and Dutch natural gas prices increasing by 50% to $55, severely impacting the global supply chain. This conflict has exposed the vulnerabilities of t...
17:43

Data: A trader bought 600 BTC on the rise, with an average entry price of $70,235.8

According to Lookonchain monitoring, a trader has chased the rise of BTC in the past 20 minutes, going long on 600 BTC with an opening average price of $70,235.8 at 30x leverage, totaling a position of approximately $42.7 million. The current unrealized profit has reached $570,000, and the liquidati...
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com