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IBIT Outperforms GLD by 33 Points Since March as Flow Gap Hits $13B
BlackRock’s spot Bitcoin ETF IBIT has outperformed the gold ETF GLD by 33 percentage points since March, according to Bloomberg ETF analyst Eric Balchunas. Balchunas said IBIT drew $4.2 billion in inflows while GLD recorded $9 billion in outflows over the same period.