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BlackRock’s Bitcoin ETF Attracts Record Inflows of $1.1 Billion
Record Inflows for BlackRock’s Bitcoin ETF
Surge in Total Inflows for US Spot Bitcoin ETFs
On the same day, US spot Bitcoin ETFs collectively saw total inflows reaching $1.37 billion.
BlackRock’s iShares Bitcoin Trust (IBIT) saw a record-breaking influx of $1.1 billion during a single trading session, making it the largest one-day inflow among US spot Bitcoin ETFs. Total inflows across all Bitcoin ETFs amounted to $1.37 billion during that session.
BlackRock’s IBIT led the day with $1.12 billion in inflows, while Fidelity’s Wise Origin Bitcoin Fund (FBTC) attracted $190.9 million. The significant ETF inflows aligned with Bitcoin’s price movements, briefly hitting $76,500 before stabilizing around $75,700.
The reported flows may reflect the previous trading day’s activity due to T+1 reporting, explaining why BlackRock’s ETF showed negative flows in the prior session while other funds experienced significant inflows.
Since their launch in January 2024, US spot Bitcoin ETFs have collectively gathered billions in assets under management, with BlackRock’s IBIT emerging as a market leader.
Recently, the total asset value of US spot Bitcoin ETFs soared to over $66.1 billion, partly attributed to a six-day inflow streak and Bitcoin’s price surge.
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