CF Benchmarks: BlackRock's Bitcoin Spot ETF (IBIT) May Attract $3 Billion in Inflows on its Debut Day
CF Benchmarks has indicated that BlackRock's Bitcoin Spot ETF (IBIT) could potentially attract a record-breaking $3 billion in inflows on its first trading day. Sui Chung, CEO of CF Benchmarks, stated, "IBIT is poised to make history today. Within the first 30 minutes of trading, the product has attracted $400 million in inflows. This suggests that by the close, its assets under management could potentially reach $3 billion, making it the largest debut in the history of ETFs.
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