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BlackRock’s iShares Bitcoin Trust ETF had nearly $1 billion in inflows yesterday

BlackRock’s iShares Bitcoin Trust saw inflows of $970.9 million yesterday, the second-largest since inception.

The largest inflow ever was on November 7, 2024, just after President Trump’s election victory, with $1.12 billion in inflows, Farside Investors data shows.

IBIT, with over $55 billion in assets under management, added 2,522.6 bitcoin yesterday to its stash and now holds 586,164.3 bitcoin, according to Bitcoin Treasuries.

Notably, the ETF holds more bitcoin than Strategy, the largest corporate bitcoin holder, which has 553,555 bitcoin.

Bitcoin’s crossed $95,000 yesterday, the first time since February 24.

IBIT’s massive inflows come on the heels of global crypto ETFs having their best week since December 2024, with inflows totaling a whopping $3.4 billion, the “3rd largest on record,” according to CoinShares. Bitcoin funds took the lion’s share, with $3.18 billion in inflows.

IBIT, recently named the winner of the 2025 ETF.com award for Best New ETF, is up 67.3% since inception and 17% in the past year. 

Todd Ruoff, CEO of Autonomys, told Sherwood News that IBIT’s stunning inflows reflect growing demand for regulated, accessible crypto exposure without the complexities of direct custody. Ultimately, IBIT’s success could accelerate the adoption of similar crypto-based financial instruments, further blurring the lines between digital assets and traditional markets, he added.

“Mainstream investors are increasingly embracing bitcoin exposure via regulated vehicles, making IBIT a bellwether for crypto’s integration into traditional finance,” Ruoff said.

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Bitcoin ETFs take in more than $2 billion in two days

Bitcoin is down 2.7% from its recent record which saw it passing $126,000, but bitcoin ETFs are still hot.

The ETFs have already amassed more than $2 billion this week, on track to surpass last week’s $3.2 billion in inflows. In total, bitcoin ETFs have just under $165 billion in assets under management, representing 6.78% of the total market cap, SoSoValue data shows.

BlackRock’s iShares Bitcoin Trust by far took the lion’s share, with $1.8 billion of inflows. The fund is also close to $100 billion in assets, despite not even being 2 years old.

Bitwise CEO Matt Hougan said in a note, “The stars are aligned for a very strong Q4 for flows — more than enough to push us to a new record,” in part thanks to the “debasement trade.” 

10%

Ethereum treasury companies and ETFs hold more than 10% of the cryptocurrency’s total supply of 120.7 million tokens.

Corporate firms own roughly 5.7 million, while ethereum reserves for ETFs stand at 6.8 million tokens, worth more than $59 billion, per data from analytics platform StrategicETHReserve.xyz.

BitMine Immersion Technologies and SharpLink Gaming have taken the top spots among treasury entities, amassing about 3.7 million ethereum tokens worth roughly $17.4 billion. SharpLink Gaming recently announced that its unrealized profits have reached $900 million since the rollout of its ethereum treasury strategy in June. 

Meanwhile, BlackRock’s iShares Ethereum Trust ETF has secured the lead among spot ethereum ETFs with $18.6 billion in net assets. So far in October, $803.1 million of inflows have collectively entered the investment vehicles. 

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