According to BlockBeats, on May 6, Bloomberg senior ETF analyst Eric Balchunas stated that IBIT attracted another $500 million yesterday, marking 15 consecutive days of capital inflow, ranking sixth in annual capital inflow, surpassing GLD.
Although IBIT only rose 4% while GLD is in its historically best performance period, IBIT still attracted more capital inflow. This is a positive signal for its long-term prospects, enhancing confidence in the prediction that the assets under management of Bitcoin ETFs will reach three times that of gold ETFs in 3-5 years.