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IBIT named best new ETF as inflows hit record-breaking day

IBIT named best new ETF as inflows hit record-breaking day
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BlackRock’s iShares Bitcoin ETF (IBIT) was named “Best New ETF” at the annual ETF.com Awards and also took home the title of “Crypto ETP of the Year.”

The recognition came on the same day IBIT recorded $643.2 million in inflows, according to Farside data marking the highest single-day inflow since January 21, when it saw $661.9 million, following U.S. President Donald Trump’s inauguration and Bitcoin reaching an all-time high of $109,000.

Launched in January 2024, the fund currently manages approximately $53.77 billion in net assets, according to BlackRock. Over the past 30 days, it has averaged 45.02 million shares traded daily.

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