BlackRock’s Bitcoin ETF (IBIT) has surged from 47th to 5th place globally in terms of annual net flows, with $8.9 billion in inflows since January, including $6.5 billion in just one month.
BlackRock’s ETF Bitcoin Records Net Flows
With $66.9 billion in assets under management, IBIT is now closely trailing the giants VTI, SPLG, and SGOV, surpassing some State Street products in daily influx.
The massive return of flows to Bitcoin ETFs marks a market turning point, with IBIT capturing 7.4 of the 7.6 billion net inflows in 2025 despite the purge of Grayscale’s GBTC.
A Meteoric Rise to the Top
Launched in early 2024, IBIT is experiencing another impressive acceleration. Yesterday, the fund attracted $287.5 million, surpassing the SPDR Bloomberg 1-3 Month T-Bill ETF and closing in on the likes of SGOV, VTI, and SPLG. Now managing $66.9 billion in assets, IBIT ranks fourth among the top 5 ETFs.
Only VOO, VTI, and SPLG surpass IBIT in terms of assets under management, positioning it as a serious contender globally.
The Bitcoin Comeback
IBIT’s rise occurs amid a market shift towards Bitcoin’s resurgence, with gold and cash-based ETFs losing ground. In 2024, IBIT ended its inaugural year with $37.4 billion in net flows, and in 2025, American Bitcoin ETFs attracted $7.6 billion despite GBTC’s $1.5 billion withdrawals.
IBIT: A Serious Contender on the Global Stage
While IBIT still has ground to cover compared to traditional giants like the Vanguard S&P 500 ETF, BlackRock’s momentum could potentially break into the historical trio. If the current trend continues, BlackRock may solidify Bitcoin’s place on Wall Street in 2025.
