75% of IBIT ETF Buyers Were New to Traditional Finance, Now Diversifying into SPX Funds
Three-quarters of investors in BlackRock’s iShares Bitcoin Trust (IBIT) had no prior experience with traditional finance products before purchasing the ETF. Many have since diversified their portfolios by investing in S&P 500 funds and other offerings from BlackRock, indicating a shift where crypto-native investors are entering TradFi.
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