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Did Blackrock's spot bitcoin ETF reach $1 billion in inflows?

BlackRock’s spot bitcoin ETF reached over $1 billion in inflows within its first four days of trading — a rare achievement in ETF history. The firm’s iShares Bitcoin Trust (IBIT) had seen nearly $1.1 billion of inflows after Wednesday’s close, according to Bloomberg Intelligence data.

How much money has fidelity invested in Bitcoin ETFs?

In total, about $880 million have flowed into Fidelity’s fund. BlackRock and Fidelity have driven early consolidation in the new asset, with the two firms receiving 68% of all inflows across the nine new ETFs on the market, totaling nearly $2 billion. Read more: What Are These New Bitcoin ETFs and How Do They Work?: QuickTake

Will Blackrock waive the sponsor's fee?

BlackRock will waive a portion of the Sponsor’s Fee for the first 12 months commencing on January 11, 2024, so that the fee will be 0.12% of the net asset value of the Trust for the first $5.0 billion of the Trust’s assets.

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