US Bitcoin ETFs Near $50 Billion in Inflows
- Bitcoin ETFs See Strong Rebound With $1 Billion
- BlackRock and Fidelity lead crypto asset flows into the US
- Total volume exceeds US$1 trillion since January 2024
Bitcoin-backed index funds in the United States have resumed their trend of positive net inflows, after registering US$1 billion in contributions in the last two days. The cumulative total since the launch in January 2024 is already approaching US$50 billion.
Bitcoin ETFs bounced back with $1B in net inflows over the past two days:
• Wed: +$407.8M
• Thu: +$601.8M pic.twitter.com/4S6JSJsCOy
On Wednesday, Bitcoin ETFs totaled $407,8 million in net inflows, followed by another $601,8 million on Thursday. The highlight was Fidelity's FBTC, with additions of $184 million and $237,1 million, respectively. BlackRock's IBIT, which had been without any activity for two days — the first time since April — returned to positive flow with $224,5 million on Thursday.
Before Tuesday's modest outflow of $342 million, ETFs had been on a 15-day streak of net inflows totaling $4,7 billion in the period, with BlackRock's fund accounting for 81% of that.
The total volume under management by Bitcoin ETFs in the US is already approaching US$128 billion, driven by US$73,6 billion from IBIT. In 2025, the funds have already raised US$14,5 billion net.
Nate Geraci, president of NovaDius Wealth Management, highlighted the impact of IBIT on the firm’s revenue. “The nearly $75 billion iShares Bitcoin ETF has had only one month of outflows since its launch in January 2024. It now generates more fee income for BlackRock than the iShares S&P 500 ETF. Simply a machine.”
Bloomberg senior analyst Eric Balchunas added: “IBIT is now BlackRock’s third-largest revenue-generating ETF out of 1.197 funds and is just $9 billion away from being No. 1.”
On Thursday, ETFs reached their highest daily volume since May, with US$5,3 billion traded, of which US$4,1 billion was moved by IBIT alone. The accumulated volume of transactions has already surpassed the US$1 trillion mark since the product's debut on the market.
