Bitcoin ETFs Attract Over $1B in Daily Inflows as IBIT Hits Historic Milestone
Spot bitcoin exchange-traded funds (ETFs) recorded more than $1 billion in net inflows on Thursday, one of the highest single-day totals since their debut. The surge coincided with bitcoin reaching a new all-time high above $118,000.
Leading the pack was BlackRock’s iShares Bitcoin Trust (IBIT), which surpassed $80 billion in assets under management (AUM), becoming the fastest ETF in history to reach that benchmark. It took IBIT just 374 days—far quicker than the previous record-holder, the Vanguard S&P 500 ETF (VOO), which needed 1,814 days to reach the same milestone, according to Bloomberg Intelligence’s Eric Balchunas.
With this achievement, IBIT now ranks as the 21st largest ETF globally, an extraordinary feat for a product that launched just over a year ago following the U.S. approval of spot bitcoin ETFs.
Thursday’s $1 billion influx marked only the fourth time spot bitcoin ETFs have seen inflows of that magnitude. The last occurred in January, coinciding with President Donald Trump’s inauguration, and twice before in November 2024 following the U.S. election.
The continued flow of capital into bitcoin ETFs highlights growing institutional and retail demand for regulated exposure to digital assets through traditional investment platforms. Spot ETFs offer a straightforward way for investors to gain bitcoin exposure without handling custody directly.
Meanwhile, Trump Media & Technology Group has filed for a spot bitcoin ETF under its Truth Social brand, which is still awaiting SEC approval.
Similar applications for ETFs tied to other cryptocurrencies such as Solana (SOL) and XRP are also pending regulatory review.
