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Analysis: BlackRock IBIT's investment performance is not outstanding among Bitcoin ETFs

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since Trump's election, nearly $10 billion in net inflows have flowed into US-listed commodity funds, with about 83% of the funds flowing into BlackRock's IBIT. However, the performance of some ETFs is still better than that of other ETFs. Invesco-Galaxy's BTCO investment has far outperformed other bitcoin ETFs, with BTCO net purchasing about 8,740 BTC at a price of $418.9 million to date, with a holding value of $860.6 million, meaning that the ETF's shareholder returns have exceeded 100%; in contrast, although BlackRock's IBIT has purchased about 523,935 bitcoins, its purchase price is higher ($65,600), meaning that IBIT's grasp of the market timing is worse than any other fund in the same ETF.

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