Bitcoin ETFs See Record Inflows

Bitcoin ETFs See Record Inflows

Bitcoin exchange-traded funds (ETFs) are witnessing record inflows, showing bullish sentiment among investors towards the cryptocurrency market.


Bitcoin exchange-traded funds (ETFs) are witnessing record inflows, showing bullish sentiment among investors towards the cryptocurrency market.

According to recent data, the sector recorded an addition of $1.045 billion in net inflows in a single day, marking a new daily high.

This influx has raised total net inflows to a staggering $11 billion.

Unprecedented growth

The recent increase in investment has been particularly notable in specific ETFs. BlackRock’s Bitcoin ETF IBIT saw a daily inflow of $849 million, setting a new record for the fund.

This trend reflects a broader appetite for exposure to cryptocurrencies through regulated financial products. These products offer retail and institutional investors a more familiar entry point into the digital asset space.

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The success of these ETFs is not isolated, as even the smallest fund in the sector, BTCW, has a healthy $74 million in assets under management, ranking it 16th out of 108 ETFs launched in 2024.

Earlier today, the price of the leading cryptocurrency reached a new high of $73,603.

Who buys?

The growing interest in Bitcoin ETFs raises the question of who is driving this demand.

Industry experts point to May 15 as an important date by which investors with more than $100 million in assets under management (AUM) must file their 13-F filings with the SEC.

These filings, which reveal publicly traded holdings, are expected to reveal some surprising names among Bitcoin ETF investors.

The expectation is that these disclosures will provide insight into institutional adoption of Bitcoin, supporting the hypothesis that a broader range of investors are now engaging with digital assets.

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