BlackRocks Bitcoin ETF IBIT Surpasses $52 Billion Inflows

BlackRock’s Bitcoin ETF, IBIT, has emerged as a dominant force in the market since its launch in early 2024. The ETF has attracted over $52 billion in cumulative inflows, more than double the combined total of all other Bitcoin ETFs, which have collectively stalled near $20 billion. This dominance is evident not only in total assets but also in weekly flow trends, with IBIT consistently attracting the bulk of new investment and showing minimal outflows.

IBIT's explosive growth has garnered significant attention from ETF analysts. It now ranks as the fourth-largest ETF in the U.S. based on year-to-date inflows, surpassing SPDR’s S&P 500 ETF and closing in on Vanguard’s Total Stock Market ETF. In terms of speed, IBIT set a new record by reaching $70 billion in assets in just 341 trading days, the fastest climb ever for a U.S. ETF.

Beyond asset growth, IBIT has become BlackRock’s top-performing ETF by fee revenue, generating $186 million annually. This surpasses the firm’s long-standing flagship, the IVV S&P 500 ETF, which generates $183 million despite having nearly ten times the assets. The rise of IBIT marks a turning point for institutional capital, as even conservative giants like BlackRock now see more profit from Bitcoin exposure than from traditional equity strategies.