BlackRock Bitcoin ETF Inflows Have Already Hit a Record High
The iShares Bitcoin Trust (IBIT) has achieved $6.22 billion in inflows in May 2025, marking the largest monthly inflow in its history. IBIT, approved in January 2024, attracted nearly $500 million in investments on a single day and has seen net inflows every day this month except one. It has accounted for 90% of all spot Bitcoin ETF flows, with a peak of $877 million on May 22. U.S.-listed spot crypto ETFs have collectively seen $6.74 billion in inflows this month, with IBIT being the primary driver. Institutional and retail interest in crypto ETFs has increased due to a favorable political climate for digital assets. Bitcoin's price recently traded around $106,500, up nearly 12% for the month, following a record high above $112,000 on May 22.
