Bitcoin ETFs Record $1.18B Inflows as BTC Hits New All-Time High

TLDR

• Bitcoin ETFs in the United States recorded $1.18 billion in inflows on Monday.
• This was the second-highest single-day inflow since Bitcoin ETFs launched.
• The inflows coincided with Bitcoin reaching a new all-time high of over $126,000.
• October has seen $3.47 billion in Bitcoin ETF inflows within just four trading days.
• BlackRock’s IBIT led with $967 million in inflows, bringing its October total to $2.6 billion.

Bitcoin ETFs in the United States recorded $1.18 billion in inflows on Monday. This marks the second-largest single-day inflow since their inception. The inflow spike came as Bitcoin crossed $126,000 to set a new record.

The inflows brought October’s total to $3.47 billion across just four trading sessions. According to CoinGlass, this reflects a surge in institutional interest. The only bigger day was November 7, 2024, with $1.37 billion in inflows.

These inflows bring the cumulative total for all spot Bitcoin ETFs to nearly $60 billion. Bloomberg ETF analyst James Seyffart confirmed this on X. The sharp rise in demand highlights the shift in market sentiment.

BlackRock’s IBIT Dominates Inflows with Nearly $1 Billion

BlackRock’s iShares Bitcoin Trust (IBIT) led Monday’s surge with $967 million in new investor money. That pushed its October inflows to $2.6 billion. The fund has now become the clear leader among Bitcoin ETFs.

IBIT’s assets under management (AUM) now total around $98.5 billion. It holds approximately 783,767 BTC as of the latest data. Nova Dius President Nate Geraci stated it is close to breaking the $100 billion AUM mark.

“Only 18 ETFs globally have ever crossed $100 billion,” Geraci noted. “IBIT is set to do it in under 450 days.” By comparison, Vanguard’s S&P 500 ETF took over 2,000 days to reach that level.

Other Bitcoin ETFs Record Moderate Inflows During Rally

Fidelity’s Wise Origin Bitcoin Fund (FBTC) attracted $112 million in inflows. Meanwhile, Bitwise Bitcoin ETF (BITB) added $60 million. Grayscale’s Bitcoin Mini Trust (BTC) secured $30 million.

Invesco, Franklin, and WisdomTree ETFs also saw small gains. However, they trailed the larger players in total asset growth. These inflows still point to widespread confidence in Bitcoin ETFs.

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