The post Bitcoin ETFs see record $1.2 billion inflow with BlackRock’s IBIT leading the charge appeared on BitcoinEthereumNews.com. Investor activity in US-listed spot Bitcoin exchange-traded funds (ETFs) surged sharply on Oct. 6, mirroring BTC’s continued price gains and growing institutional interest. According to data from SoSoValue, the twelve approved funds collectively absorbed about $1.2 billion in inflows. This is their second-largest single-day haul since launching in 2024 and the strongest performance this year. Chart Showing Bitcoin ETFs Daily Inflow (Source: Trader T) Much of that demand concentrated around BlackRock’s iShares Bitcoin Trust (IBIT), which pulled in nearly $967 million in fresh capital and nearly $5 billion in trading volume. IBIT is now on the verge of crossing the $100 billion assets-under-management threshold, an unprecedented milestone for a digital-asset product. BlackRock IBIT Assets Under Management (Source: Balchunas) Bloomberg analyst Eric Balchunas noted that IBIT has already produced an estimated $244 million in annual revenue for BlackRock, surpassing the earnings of the firm’s other long-established funds. BlackRock IBIT Profitability (Source: Eric Balchunas) That profitability reflects how deeply institutional money has begun to integrate Bitcoin into mainstream portfolio strategies. Meanwhile, the latest wave of inflows extends a broader pattern of strength that the financial investment vehicles have registered recently. Last week alone, Bitcoin ETFs attracted around $3.2 billion in net new capital, marking the second-highest inflow on record. Mentioned in this article Editor Liam ‘Akiba’ Wright Editor-in-Chief at CryptoSlate Also known as “Akiba,” Liam Wright is the Editor-in-Chief at CryptoSlate and host of the SlateCast. He believes that decentralized technology has the potential to make widespread positive change. Disclaimer: Our writers’ opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered… The post Bitcoin ETFs see record $1.2 billion inflow with BlackRock’s IBIT leading the charge appeared on BitcoinEthereumNews.com. Investor activity in US-listed spot Bitcoin exchange-traded funds (ETFs) surged sharply on Oct. 6, mirroring BTC’s continued price gains and growing institutional interest. According to data from SoSoValue, the twelve approved funds collectively absorbed about $1.2 billion in inflows. This is their second-largest single-day haul since launching in 2024 and the strongest performance this year. Chart Showing Bitcoin ETFs Daily Inflow (Source: Trader T) Much of that demand concentrated around BlackRock’s iShares Bitcoin Trust (IBIT), which pulled in nearly $967 million in fresh capital and nearly $5 billion in trading volume. IBIT is now on the verge of crossing the $100 billion assets-under-management threshold, an unprecedented milestone for a digital-asset product. BlackRock IBIT Assets Under Management (Source: Balchunas) Bloomberg analyst Eric Balchunas noted that IBIT has already produced an estimated $244 million in annual revenue for BlackRock, surpassing the earnings of the firm’s other long-established funds. BlackRock IBIT Profitability (Source: Eric Balchunas) That profitability reflects how deeply institutional money has begun to integrate Bitcoin into mainstream portfolio strategies. Meanwhile, the latest wave of inflows extends a broader pattern of strength that the financial investment vehicles have registered recently. Last week alone, Bitcoin ETFs attracted around $3.2 billion in net new capital, marking the second-highest inflow on record. Mentioned in this article Editor Liam ‘Akiba’ Wright Editor-in-Chief at CryptoSlate Also known as “Akiba,” Liam Wright is the Editor-in-Chief at CryptoSlate and host of the SlateCast. He believes that decentralized technology has the potential to make widespread positive change. Disclaimer: Our writers’ opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered…