Spot Bitcoin Exchange-traded funds (ETFS) Raked of over $ 1 billion in influx Thursday, marking one of their strongest one-day totals since launch. The wave came when Bitcoin broke a new highlight of all the time over $ 118,000.
Leading Package Was Blackrocks Ishares Bitcoin Trust (Ibit)that crossed $ 80 billion in assets under management (AUM)Which makes it the fastest ETF in history that hits that milestone. It took Ibit Only 374 Days-OmTrent One-Fifth of Time It took the previous record holder, Vanguard S&P 500 Etf (Voo)The same brand reached 1,814 days, according to Bloomberg Intelligence Senior ETF analyst Eric Balchunas.
Ibit now ranks as the 21st largest ETF global of assets, a remarkable holding of a fund launched just over a year ago in the midst of the wider approval of Spot Bitcoin ETFs in the US
Thursday’s $ 1 billion turnout only notices the fourth time Spot Bitcoin ETFs have sent daily amounts that are large. The last time was in January when US President Donald Trump joined. Before that, it happened twice in November 2024, shortly after the US election.
The wave in interest reflects growing investor appetite on direct Bitcoin exposure to traditional brokerage accounts. Spot Bitcoin ETFs offer a lighter on-ramp for both institutional and retail investors that may be on duty for custody and compliance problems in the crypto area.
President Trump’s media company has recently requested another spot Bitcoin ETF under truth Social Brand, which has not yet received approval from Securities and Exchange Commission.
A number of other ETFs that track the price of Solana
XRP and others have also not yet received green light from the regulator.
