Inflows to IBIT have picked up recently after a dismal few weeks at the end of April. BlackRock now holds the ETF in two of its major funds.
BlackRock (BLK) reachead $771.41 at the closing of the latest trading day, reflecting a -1.34% change compared to its last close.
With the S&P 500 index hitting new highs 22 times in just 2024 alone, casual investors can be excused for thinking the stock market is booming. However, given that the S&P 500 is a market-weighted index of some of the largest companies in the U.S., it certainly doesn't tell the whole story of how the economy is doing. The Russell 2000, the commonly used index to track small-cap stocks, has been up only 2.3% so far this year, continuing a trend of underperformance compared to its larger peers. Do