US spot Bitcoin ETFs recorded over $1 billion in inflows for the second consecutive day, reaching a historic high. BlackRock and Fidelity led the inflows, marking a strong week for Bitcoin ETFs.
BlackRock's iShares Bitcoin Trust (IBIT) now holds over 700,000 Bitcoin, worth approximately $75.5 billion. Since its inception in January 2024, IBIT has delivered a total return of 82.67%, even surpassing BlackRock's flagship S&P 500 ETF in revenue.
US spot Bitcoin ETFs recorded their largest single-day inflow for June with $588.6 million, extending the streak to 11 consecutive days of net positive flows. BlackRock's iShares Bitcoin Trust (IBIT) led the inflows.
BlackRock's iShares Bitcoin Trust (IBIT) has accumulated over 3.25% of the total Bitcoin supply, with assets under management nearing $70 billion. This milestone highlights the accelerating institutional adoption of Bitcoin as a mainstream investment asset and solidifies IBIT's dominant market position.
