BlackRock’s IBIT Bitcoin ETF Tops U.S. Inflows, Boosting BTC to Record Highs

BlackRock’s iShares Bitcoin Trust ETF (IBIT) has made history by leading all U.S.-listed ETFs in daily inflows for the first time, according to Bloomberg’s Eric Balchunas. On Thursday alone, IBIT recorded a staggering $877 million in inflows, accounting for the majority of nearly $1 billion that flowed into Bitcoin ETFs that day. The influx has helped push Bitcoin to new all-time highs, reinforcing growing institutional demand for digital assets.

With approximately $8 billion in net inflows over the past month, IBIT's rise underscores a significant market shift. David Lawant, head of research at FalconX, highlighted that this could be the first instance where ETF-driven demand is surpassing spot market activity during a Bitcoin price surge—a notable departure from historical market behavior.

Trailing just behind IBIT, the iShares 20+ Year Treasury Bond ETF (TLT) attracted $851 million, placing second. In third place was the First Trust Long/Short Equity ETF (FTLS), which brought in $808 million while offering downside protection to investors. Rounding out the top five were the iShares Core S&P 500 ETF and the iShares MSCI EAFE Value ETF, both focused on U.S. and international equity exposure.

Significantly, IBIT even surpassed the Vanguard S&P 500 ETF (VOO) in daily inflows—a rare feat, considering VOO’s dominant position as a staple among institutional investors. Despite this, VOO remains the overall weekly and monthly leader.

The unprecedented ETF momentum, led by BlackRock, signals a new era of institutional participation in the crypto market. As ETF flows increasingly influence price action, traditional and digital asset markets are converging faster than ever.