IBIT Surges Past $80B in Assets, Leading $1 Billion Wave of Inflows Into Spot Bitcoin ETFs

Spot Bitcoin ETFs Pull in $1B as IBIT Smashes Record for Fastest Growth

Spot bitcoin exchange-traded funds (ETFs) attracted more than $1 billion in inflows on Thursday, marking one of their most significant single-day hauls since launching. The spike in interest came as bitcoin surged to a new all-time high above $118,000.

Topping the leaderboard was BlackRock’s iShares Bitcoin Trust (IBIT), which soared past $80 billion in assets under management (AUM). That milestone makes IBIT the fastest ETF ever to reach that size, accomplishing the feat in just 374 days. For context, the previous record-holder, the Vanguard S&P 500 ETF (VOO), took 1,814 days to hit the same mark, according to Bloomberg Intelligence senior ETF analyst Eric Balchunas.

IBIT now ranks as the 21st largest ETF in the world by asset size—a remarkable achievement for a fund launched barely over a year ago, following the U.S. approval of spot bitcoin ETFs.

Thursday’s billion-dollar influx was only the fourth time that spot bitcoin ETFs have seen daily inflows of this magnitude. The last comparable surge happened in January as U.S. President Donald Trump took office, and prior instances occurred twice in November 2024, shortly after the U.S. election.

The trend highlights investors’ growing appetite for direct bitcoin exposure through traditional financial vehicles. Spot bitcoin ETFs offer an easier route for institutional and retail investors who might be wary of dealing with crypto custody and compliance hurdles.

Meanwhile, President Trump’s media company has filed for another spot bitcoin ETF under the Truth Social brand, though it’s still waiting on regulatory approval from the Securities and Exchange Commission (SEC).

Other ETFs aiming to track cryptocurrencies such as Solana (SOL), XRP, and others remain in the pipeline, pending green lights from regulators.