CandleFocus

BlackRock’s IBIT becomes decade’s top ETF for inflows, surpassing all rivals

BlackRock’s IBIT becomes decade’s top ETF for inflows, surpassing all rivals
BlackRock's spot Bitcoin ETF, IBIT, has become the most successful ETF launch in over 10 years, with $418.8 million in net flows registered on December 16. Since its launch, IBIT has accumulated $36.3 billion in positive net flows, surpassing the inflows of other US-traded spot Bitcoin ETFs. It also holds the record for the most significant daily inflow among Bitcoin ETFs. Crypto-related ETFs have been a key topic this year, and analysts believe they have been a driver of Bitcoin's growth. The total assets under management for all Bitcoin ETFs in the US have reached $130 billion, overtaking gold ETFs.

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