Bitcoin ETFs surpass $125 billion: BlackRock’s fund among the largest in the world
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Bitcoin ETFs have reached a total value of 125 billion dollars, representing a growing institutional adoption: BlackRock’s IBIT fund ranks among the largest in the world, attracting massive investments and strengthening confidence in the bull market. Let’s see all the details in this article. Institutional adoption of Bitcoin ETFs continues to grow with record inflows from BlackRock The Bitcoin ETFs continue to register exponential growth, with a total value that has recently surpassed 125 billion dollars. This growth reflects an increasingly widespread institutional adoption, with capital flows strengthening the position of cryptocurrencies in traditional financial markets. According to Dune data, as of January 30, 2025, Bitcoin ETFs represent over 6.05% of the current BTC supply, marking a significant milestone for the sector. This trend has been fueled by inflows exceeding 4.2 billion dollars between January 1 and 24, equal to 6% of all investments in ETFs during the period. The introduction of Bitcoin ETFs had a direct impact on the price trend of the cryptocurrency. In 2024, ETFs were responsible for about 75% of new investments in BTC, contributing to its rise beyond 50,000 dollars in mid-February. According to Eric Balchunas, senior analyst at Bloomberg: “The Bitcoin ETFs started the year with strong growth, representing a significant share of all ETF investments.” This growing confidence in the crypto market is supported by the growing demand for regulated financial instruments based on Bitcoin, both from retail and institutional investors. The IBIT fund by BlackRock has recorded an extraordinary growth, ranking 31st among the largest ETFs in the world. With over 58 billion dollars in assets, it represents 46.4% of the market share among US ETFs on Bitcoin. According to VettaFi data, on January 30, 2025, BlackRock’s ETF acquired over 321 million dollars in Bitcoin, contributing 54% to the daily net inflows…
Filed under: News - @ January 31, 2025 6:19 pm