The Bitcoin ETFs are getting interesting again
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...
(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...