Institutional interest in Bitcoin continues to surge as U.S.-based spot Bitcoin ETFs recorded their twelfth consecutive day of positive net inflows on Wednesday, pulling in nearly $548 million and pushing the total two-week haul to $3.9 billion.
BlackRock’s IBIT remains the dominant player, pulling in a massive $340.3 million in a single day. Fidelity’s FBTC followed with $115.2 million, while smaller contributions came from Ark Invest and 21Shares’ ARKB ($70.2M), Bitwise’s BITB ($12.9M), and VanEck’s HODL ($9.1M). No inflows were recorded by other funds during the same period.
IBIT alone has accounted for over $3.3 billion—about 86% of the total inflows in this twelve-day run, solidifying its lead in the Bitcoin ETF arena. What’s notable is that daily inflows have accelerated, averaging over $500 million on both Tuesday and Wednesday, nearly doubling the earlier 10-day average of $276 million, even as global markets wavered amid rising geopolitical tensions.
“The momentum is insane,” commented Nate Geraci, president of The ETF Store, on X. “Twelve days straight. Close to $4 billion new money. The category is now approaching $50 billion in inflows since launching in January. Absolutely wild.”
Since their debut at the start of 2024, U.S. spot Bitcoin ETFs have racked up $48.4 billion in net inflows, and now manage close to $125 billion in assets—figures bolstered not only by investor enthusiasm but also Bitcoin’s recent price gains.
While Bitcoin’s recent stagnation has triggered debate over what’s really influencing the market, analysts at K33 Research say exchange-traded fund flows are still the dominant force — far more so than the activity from corporate treasuries.
Institutional interest in Bitcoin is heating up again, with major asset managers making massive moves.
Tokyo-listed Metaplanet has kicked off its aggressive Bitcoin acquisition plan by securing 74.9 billion yen ($515 million) through new share issuance — the first step in its bid to own 1% of Bitcoin’s total supply.
Trump Media & Technology Group (TMTG), the company behind Truth Social, is ramping up its entry into the crypto investment world.