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Bloomberg ETF Analyst: In the first trading day of US stocks, BlackRock IBIT inflows ranked tenth among all ETFs
On January 5th, Bloomberg ETF analyst Eric Balchunas posted on social media that ETFs recorded a single-day inflow of $7.1 billion on January 2nd (the first trading day of the US stock market this year). If this pace continues, the total fund inflow this year could reach $1.8 trillion (an exaggerated statement). VOO (Vanguard’s ETF tracking the S&P 500) remains at the top as usual. BlackRock’s SGOV is also still on the list, with its Bitcoin spot ETF IBIT attracting $287 million in inflows, ranking tenth. The overall trend is very similar to last year. Although the current data is still early/noisy, market narratives often begin to take shape at the start of the new year.