Of 5,535 “newborn” ETFs launched in the United States over the last 30 years, only two have acquired over $3 billion in assets in the first month.
BlackRock and Fidelity’s spot Bitcoin exchange-traded funds have tallied more assets in their first month of trading than any ETF launched in the United States over the last 30 years.
Bloomberg Intelligence data shows BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC) have each secured more than $3 billion in assets in the first 17 trading days, the only ones to do so out of a list of over 5,500 ETFs.
IBIT and FBTC are in a “league of [their] own,” said Bloomberg ETF analyst Eric Balchunas in a Feb. 8 post on X.
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Source: https://cointelegraph.com/news/blackrock-fidelity-etfs-largest-debut-month-30-years