Spot Bitcoin ETFs recorded a massive influx of over $1 billion in a single day on Thursday, fueled by Bitcoin’s surge to a new all-time high above $118,000.
According to data from Farside, the scale of inflows marked one of the strongest days for the ETF cohort since their U.S. debut.
BlackRock’s iShares Bitcoin Trust (IBIT) led the charge, crossing a milestone $80 billion in assets under management (AUM). That achievement made it the fastest ETF in history to reach that figure—taking just 374 days. For comparison, the previous record-holder, Vanguard’s S&P 500 ETF (VOO), needed more than 1,800 days to hit the same benchmark.
IBIT now ranks as the 21st largest ETF globally by AUM, an extraordinary position for a product launched just over a year ago. The inflows signal deepening confidence in Bitcoin as a portfolio asset and reflect broader institutional embrace of crypto-backed investment vehicles.
As Bitcoin continues to climb and ETFs provide easier exposure, many analysts expect capital inflows to remain strong, especially if macro tailwinds and liquidity expectations persist.
As Bitcoin breaks above $118,000, fresh macro and on-chain data suggest the rally may still be in its early innings.
Bitcoin’s surge to new all-time highs is playing out differently than previous rallies, according to a July 11 report by crypto research and investment firm Matrixport.
Bitcoin surged past $116,000 on July 11, marking a new all-time high amid intense market momentum.
Veteran trader Peter Brandt has weighed in on Bitcoin’s recent price structure, offering a nuanced take that blends cautious skepticism with long-term conviction.