BlackRock’s spot bitcoin ETF crosses $15 billion in total inflows

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BlackRock’s IBIT spot bitcoin ETF is now in the top 100 of all exchange-traded funds by assets under management.

BlackRock’s IBIT spot bitcoin exchange-traded fund reached $15 billion in total inflows yesterday — exactly three months after it began trading on Jan. 11.

Bitwise’s BITB witnessed inflows of $11.1 million on Thursday, with Valkyrie’s BRRR and Fidelity’s FBTC bringing in $8.4 million and $4.6 million, respectively. Meanwhile, spot bitcoin ETF trading volume remained steady on Thursday at $2.5 billion, again led by IBIT, generating $1.1 billion in trading. However, daily volume declined after reaching a record $9.9 billion on March 5, as bitcoin first broke past its prior cycle peak of around $69,000.

Fidelity’s FBTC has surpassed 151,000 BTC in assets, while Ark Invest 21 Shares’ ARKB has amassed over 43,000 BTC in assets, per CoinGlass.

 

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