Overview
- U.S. spot Bitcoin ETFs logged their biggest single-day net inflow since July at $1.19 billion, according to Farside Investors.
- BlackRock’s IBIT captured about 81% of those flows with $970 million, putting the fund near $100 billion in assets and generating roughly $244.5 million in annual fees as BlackRock’s top earner.
- Major wirehouses including Morgan Stanley, Wells Fargo and Merrill now permit advisors to offer the ETFs, widening distribution to wealth-management clients.
- Liquidity remains deep with a $7.5 billion single-day trading volume for U.S.-listed funds and IBIT leading weekly ETF flows with $3.5 billion, per Bloomberg’s Eric Balchunas.
- Cumulative U.S. spot Bitcoin ETF net inflows reached about $61.3 billion with total assets around $170 billion, while global digital-asset funds saw a record $5.95 billion weekly intake, CoinShares reported.