Bitcoin Sets New ATH Above $112,000 As Spot BTC ETFs Top $50 Billion In Cumulative Net Inflows
2025-07-10 10:08:58
Main Idea
Bitcoin reached a new all-time high above $112,000 as spot Bitcoin ETFs surpassed $50 billion in net inflows, with BlackRock's iShares Bitcoin Trust leading the market.
Key Points
1. Spot Bitcoin ETFs have accumulated over $50 billion in net inflows since their launch in January 2024.
2. BlackRock’s iShares Bitcoin Trust (IBIT) leads with $53 billion in inflows, while Fidelity’s Wise Origin Bitcoin Fund (FBTC) ranks second.
3. Grayscale’s Bitcoin Trust ETF (GBTC) experienced outflows of $23.34 billion, impacting the overall net inflow figure.
4. The iShares Bitcoin Trust became the first Bitcoin ETF to hold over 700,000 BTC, accounting for more than 55% of the total BTC held by these funds.
5. Bitcoin's price surged to a new all-time high of $112,151, driven by institutional investment and market momentum.
Description
The spot Bitcoin ETFs have just hit a major inflow milestone. US investors have now splashed over $50 billion since the products went live in January 2024.
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