The picture is now becoming clearer. BlackRock with 500MM in new flows, neck to neck with Fidelity.

1.4b in net new flows.

This is bullish.

I do think that there was significant short term bets made that the ETF was going through, that would have sold regardless.

But 1.4b… https://t.co/qHTUE0YvH5

— Fred Krueger (@dotkrueger) January 13, 2024