
BlackRock's Bitcoin ETF Surging Up 2025 Leaderboard
BlackRock's Bitcoin ETF Surges to Top 5 in YTD Inflows
According to ETF analyst Eric Balchunas, BlackRock's iShares Bitcoin Trust ETF (IBIT) has now climbed into the top 5 exchange-traded funds for year-to-date inflows. The fund has attracted nearly $9 billion in inflows this year, marking a significant milestone.
Rapid Growth in Popularity
Just last month, IBIT ranked 47th in inflows. However, over the past 30 days alone, it has pulled in more than $6.5 billion, demonstrating accelerating investor interest. Balchunas notes that as gold and cash ETFs lose ground, market conditions are reverting to patterns seen earlier in 2024.
Potential to Break Records
At its current growth rate, IBIT could become the second-largest ETF by inflows by July 4. The fund is also on pace for its second-highest volume day ever, with a chance to surpass the record set on January 23. Most Bitcoin ETFs are seeing trading volumes double their averages, signaling sustained demand.
BlackRock's Bitcoin Holdings Challenge Satoshi
BlackRock's ETF is approaching a position where it could hold more Bitcoin than Satoshi Nakamoto, the cryptocurrency's anonymous creator. A significant Bitcoin price rally could accelerate this milestone by driving further institutional investment.
Data from SoSoValue reveals IBIT's cumulative net assets now approach $68 billion, with $287 million in new inflows recorded just yesterday.