IMG-LOGO

Bitcoin ETF passes QQQ for flows this year

lieutenantdan - 2024-07-22 21:22:03

Bitcoin is pretty popular


If you didn't already know, now you know.


BItcoin is pretty popular.


The total flows going into the IBIT bitcoin ETF has now passed the flows going into the Nasdaq ETF QQQ.


Check it out:


image.png


(Source: https://x.com/BitcoinNewsCom/status/1815478479263043974/photo/1)


This is pretty awesome considering there are a handful of other ETFs diluting it as well.


If we took all the flows it would really dwarf the nasdaq ETF.


Though we did have GBTC donating a lot to these others… but shhh we won't talk about that.