PANews reported on June 23 that Eric Balchunas, an ETF analyst at Bloomberg, said that $IBIT (BlackRock's Bitcoin spot ETF) has jumped to fourth place in the year-to-date fund inflow rankings, and ranked fifth in three-year fund inflows, even though it was established only a year and a half ago. Michael Saylor then said that according to this trend, $IBIT is expected to become the champion of fund inflows. Balchunas added that although $VOO is currently performing strongly, $IBIT is still expected to challenge the top spot.