Spot Bitcoin exchange-traded funds (ETFs) in the U.S. have just seen one of their strongest days on record, fueled by Bitcoin’s new all-time high earlier this week.
According to data from CoinGlass, the 11 spot Bitcoin ETFs listed in the United States collectively attracted $1.18 billion in inflows on Monday — the second-highest daily total since their debut. The record still belongs to Nov. 7, 2024, when investors poured $1.37 billion into the funds following Donald Trump’s election victory.
Bitcoin’s latest price rally, which pushed the asset above $126,000, has helped drive October’s cumulative ETF inflows to $3.47 billion in just four trading days. Since launching, these products have now accumulated roughly $60 billion in total inflows, Bloomberg ETF analyst James Seyffart reported on X.
The latest surge highlights the growing dominance of institutional capital in this cycle, as retail participation remains comparatively low.
BlackRock’s IBIT Dominates ETF Inflows
BlackRock’s iShares Bitcoin Trust (IBIT) led the charge, drawing a staggering $967 million on Monday alone. That brings its total inflows for October to about $2.6 billion.
Trailing behind were Fidelity’s Wise Origin Bitcoin Fund (FBTC) with $112 million, Bitwise’s Bitcoin ETF (BITB) with $60 million, and the Grayscale Bitcoin Mini Trust (BTC) with $30 million. Smaller entries were also recorded by Invesco, WisdomTree, and Franklin Templeton funds.
IBIT Nears $100 Billion Milestone
IBIT is now closing in on a historic benchmark — $100 billion in assets under management (AUM). As noted by Nate Geraci, President of The ETF Store, the fund currently manages around $98.5 billion in Bitcoin and cash holdings, equivalent to 783,767 BTC.
For comparison, the Vanguard S&P 500 ETF — the world’s largest — took over 2,000 days to reach $100 billion. IBIT, however, is poised to do it in less than 450 days, making it one of only 18 ETFs globally to cross that threshold.
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