BlackRock’s Bitcoin ETF Sees Near-Record Inflows Amid Rising Demand and Market Rally

Key Points

1. BlackRock’s iShares Bitcoin Trust ETF (IBIT) accounted for $448 million of the $1.17 billion net inflows into US spot Bitcoin ETFs, with Fidelity’s Wise Origin Bitcoin Fund contributing $324 million.

2. Ether spot ETFs attracted $383.1 million in net inflows, led by BlackRock’s iShares Ethereum Trust ETF (ETHA) with a single-day inflow of $300.9 million.

3. ETF inflows for Bitcoin and Ether significantly outpaced new coin issuance, with Bitcoin ETFs acquiring $28.22 billion worth of Bitcoin in 2025 compared to $7.85 billion in newly minted coins.

4. Despite the inflows, some traditional financial advisers remain hesitant to recommend Bitcoin and Ether spot ETFs, highlighting lingering caution in the legacy financial sector.

5. The surge in ETF inflows reflects a broader institutional embrace of cryptocurrencies, potentially enhancing market stability and signaling a transformative shift in large-scale investment.