“It’s a pretty bad scene right now in the gold ETFs category,” said Bloomberg Intelligence senior ETF analyst Eric Balchunas in a post on X. “To be sure, I don’t think these people are migrating to bitcoin ETFs,” he wrote, although he said it could partly be a reason for the ugly numbers.
State of Wisconsin Buys Nearly $100M Worth of BlackRock Spot Bitcoin ETF (IBIT)
The investment board, also known as SWIB, was founded in 1951 and currently manages more than $156 billion in assets,...