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BlackRock's bitcoin ETF asset management scale exceeds that of the gold ETF.
On November 12th, BlackRock's bitcoin reference rate (IBIT) under the BlackRock group rose by 14.10% at one point, to $49.86. The iShares Gold ETF (IAU) fell by about 2.80% at one point, to $49.29. FactSet data shows that in the past week, IBIT has received approximately $1 billion in inflows, with a total inflow of $27 billion since its launch in January. As of last Friday, the asset management scale of this bitcoin ETF was $34.3 billion, slightly lower than the asset management scale of IAU, which is less than $33 billion.