BlackRock’s Bitcoin ETF Shocks Market with Record $877M in One-Day Inflows

BlackRock’s iShares Bitcoin Trust (IBIT) stunned the U.S. ETF market after recording $877.18 million in net inflows daily. The spike made it the top-performing ETF for the day, surpassing major funds, including the Vanguard S&P 500 ETF (VOO), which usually dominates ETF flow rankings.

According to Bloomberg Senior ETF Analyst Eric Balchunas, this marks the first time IBIT has led all U.S. ETFs in daily flows. With Bitcoin approaching its highest prices, firms are increasingly turning to crypto-based investment courses.

More investors are showing interest in IBIT. Last week, the fund grew its assets by $2.13 billion. Its net inflow over the past 30 days hit $7.56 billion, indicating more trust in cryptocurrency due to regulated settings.

At the same time, TLT, an ETF that tracks Treasury notes for the long term, saw $851.83 million flow into it during that single day. While the weekly net inflow topped IBIT at $2.21 billion, its monthly total was still lower at $4.06 billion.

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ETF Landscape Shifts as Risk Appetite Rises

FTLS, a long/short equity ETF, also made headlines by gathering $808.38 million daily. However, its weekly and monthly flows remain nearly flat, indicating a sudden rise in activity rather than long-term accumulation.

In contrast, some ETFs saw mixed results as IVV recorded $761.47 million in daily inflows but faced significant outflows of $7.19 billion over the week and $16.1 billion monthly. Major investors are moving their assets into other strategies.

Despite the low activity, VOO ended the day in the green, with $14.66 billion added through inflows in the month. EFV, which has developed market-value stocks, went up by $2.93 billion this week, highlighting worldwide demand.

Gold-backed GLD raised $423.76 million in one day, but investors pulled out $2.43 billion monthly. This shift could signal that people choose Bitcoin and shares over safer assets.

Investors boosted the IBIT fund to record amounts, suggesting the rise of crypto-supported ETFs as new market competitors. The increase in price shows that the public now sees Bitcoin as a usual asset.

Also Read: Central Banks Dump Dollar for Gold—Peter Schiff Slams Bitcoin Hype

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