Blockchain News Flash, according to ChainCatcher, BlackRock's IBIT and Fidelity's FBTC have seen impressive capital inflows since their launch nearly five months ago. Among them, IBIT attracted $16.6 billion in funds, accounting for 26% of BlackRock's total capital inflows. FBTC's performance was even more eye-catching, attracting $8.9 billion in funds, accounting for 56% of Fidelity's total capital inflows.
On the other hand, according to Stock Analysis data, BlackRock currently manages a staggering total of $2.8 trillion in assets and has 429 ETFs. Although Fidelity only has 70 ETFs, it manages a total of $74 billion in assets. The strength of these two companies has undoubtedly brought new vitality to the blockchain industry. 😊