[BlackRock's IBIT Outperforms VOO in Returns Since Inception, Analyst Balchunas Calls the Result Surprising] BlockBeats News, September 1 — Bloomberg Senior ETF Analyst Eric Balchunas posted that BlackRock's spot Bitcoin ETF IBIT has outperformed the S&P 500 ETF VOO in returns since its inception, although the gap between the two is not significant. Balchunas stated that considering the overall sentiment and narrative shifts around Bitcoin in recent times, this result is still quite surprising. Balchunas also pointed out that IBIT's journey to achieving this performance has been far more volatile than VOO, with its price movements resembling a "roller coaster," whereas VOO's upward trajectory has been relatively stable. [Original Link]