U.S. Spot Bitcoin ETFs Log Historic Back-to-Back $1B Inflows

     

Institutional Demand Soars as Bitcoin Hits New All-Time Highs

For the first time since their debut in January 2024, U.S.-based spot Bitcoin ETFs have recorded over $1 billion in inflows on two consecutive days. According to Farside data, the 11 active ETFs attracted $1.17 billion in inflows on Thursday and another $1.03 billion on Friday.

This surge in ETF activity coincided with Bitcoin reaching a new all-time high of $118,780 on Friday, continuing a strong rally that saw the price surge from $112,000 earlier in the week.

NovaDius Wealth Management president Nate Geraci noted that only seven days have seen inflows above $1 billion since the ETFs launched — two of which occurred this week.

Bitwise CIO Matt Hougan highlighted the imbalance between supply and demand, stating that ETFs bought approximately 10,000 BTC on Thursday, while only 450 BTC were mined that day. Jan3 added that ETF demand on Wednesday was 22 times the daily mined supply.

Bitcoin ETFs Pull In $2.72 Billion Over Five Days

The ETF inflow frenzy brought in $2.72 billion over the past five trading days, signaling heightened institutional appetite during Bitcoin’s record-setting week.

Thursday’s $1.17 billion inflow was the second-highest single-day total on record, behind only the $1.37 billion seen on Nov. 7, 2024, following Donald Trump’s presidential election win.

Jan3 CEO Samson Mow warned that the current pace of accumulation is unsustainable unless matched by new supply or price appreciation: “This demand is not sustainable at these price levels.”

BlackRock’s IBIT Breaks ETF AUM Records

BlackRock’s iShares Bitcoin Trust (IBIT) also made history this week by becoming the fastest ETF to surpass $80 billion in assets under management, achieving the milestone in just 374 days, according to Bloomberg ETF analyst Eric Balchunas.

Balchunas added that total assets held by all U.S. spot Bitcoin ETFs have now crossed $140 billion for the first time. While inflows contributed significantly, he noted that the recent Bitcoin price rally accounted for much of the AUM growth.

IBIT has reportedly surpassed BlackRock’s flagship iShares Core S&P 500 ETF in annualized revenue, reflecting the growing dominance of digital assets in institutional portfolios.