BlackRock’s IBIT becomes decade’s top ETF for inflows, surpassing all rivals

BlackRock’s spot Bitcoin (BTC) exchange-traded fund (ETF) IBIT became the most successful ETF launch in over 10 years, following the $418.8 million in net flows registered on Dec. 16.

Nate Geraci, CEO of The ETF Store, highlighted that IBIT had beaten approximately 2,850 ETFs. He added:

“In other words, IBIT has more lifetime inflows than any ETF launched since 2014. Did this in just over [11 months].”

Since its launch, IBIT has amassed $36.3 billion in positive net flows, surpassing the $36.2 billion in inflows received by US-traded spot Bitcoin ETFs, according to Farside Investors’ data.

The amount is nearly 3x higher than the $12.4 billion in inflows received by the second-largest spot Bitcoin ETF, FBTC, managed by Fidelity.

Additionally, IBIT holds the record for the most significant daily inflow among the Bitcoin ETFs, with over $1.1 billion captured in a single day. This is over 2x higher than FBTC’s single-day inflow record of $473.4 million, the second-largest daily inflow by a spot Bitcoin ETF.

Notably, spot Bitcoin ETFs secured over $36 billion in year-to-date flows despite Grayscale’s GBTC’s $21 billion in outflows since its conversion.