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Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, observes that IBIT has outperformed VOO since its launch, although the margin is small.
Balchunas compares IBIT's performance trajectory to the ups and downs of a roller coaster, while VOO's returns have followed a steadier path.
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Balchunas has previously reported that Vanguard acquired Altruist to become a custodian for the first time, broadening its advisory services. In another update, he covered a new ETF filing designed to track the performance of NHL hockey teams. These developments highlight Balchunas' ongoing coverage of new products and strategic moves in the ETF space.