Bitcoin Spot ETFs Now A Major Source Of Inflow For Fund Managers – Here Are The Figures
Spot Bitcoin ETFs, particularly BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC), have seen significant inflows, accounting for 26% and 56% of their respective issuers' flows this year. IBIT and FBTC have recorded total inflows of $16.6 billion and $8.9 billion since launch, with IBIT surpassing Grayscale’s Bitcoin Trust to become the largest Spot Bitcoin ETF. Despite this, Vanguard leads all ETF issuers in year-to-date flows with $102.8 billion, followed by BlackRock with $65.1 billion. Invesco, another Spot BTC ETF issuer, is ranked third with a YTD flow of $34.7 billion. With the bull market expected to boost net inflows, these Spot Bitcoin ETF issuers are likely to see increased demand for their funds.
