BlackRock's iShares Bitcoin Trust (IBIT) saw the biggest inflows in the past two weeks as investors jumped on the Bitcoin rally.
On the 21st, IBIT saw an inflow of $530.6 million, the largest since the record of $531.2 million recorded on May 5th.
IBIT has not recorded a single day of outflows since April 9. On that day alone, IBIT purchased 4,931 Bitcoins, the largest inflow in the same period.
This is more than 10 times the amount of Bitcoin mined worldwide in 2017 (450 units).
T), IBIT also recorded its highest trading volume since January on that day.
"Given today's trading volume, we may see even more inflows in the future," said Nate Geraci, president of ETF Store.
On that day, the total net inflows into the 11 physical Bitcoin ETFs in the United States reached $607.1 million, of which FidelityWise Origin Bitcoin
The Fidelity Wise Origin Bitcoin Fund (FBTC) recorded the second largest inflow with $23.5 million.
Eric Balchunas, Bloomberg ETF analyst
Balchunas calls bitcoin's surge into ETFs a "classic buying frenzy."
"The last time ETF trading volume rose to this level was when Bitcoin hit its all-time high in January last year," he said. "Most Bitcoin ETFs are trading at double the average.
The ETF inflows and increased trading volume came as Bitcoin surged above $110,000 late on May 21, hitting an all-time high.
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2025/05/22 17:29 KST
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