News center > 7*24H News > Featured > Context
Analysis: BlackRock IBIT’s investment performance is not outstanding among Bitcoin ETFs
Editor
2024-12-10 01:32 6,883
Golden Finance reports that since Trump won the election, nearly US$10 billion has net flowed into U.S. listed spot funds, with about 83% of the funds flowing to BlackRock’s IBIT, but some ETFs still perform better than others. It turns out that Invesco-Galaxy’s BTCO investment performance is far ahead of other Bitcoin ETFs. To date, BTCO has acquired a net of approximately 8,740 BTC at a price of $418.9 million, with a position value of $860.6 million, which means that the E TF's shareholder return was over 100%; in comparison, while BlackRock IBIT acquired approximately 523,935 Bitcoins, its average purchase price was higher ($65,600), meaning IBIT's timing of the market was better than that of similar ETF funds Any other fund in the fund is worse.
Keywords: Bitcoin
Share to: