17.06.2025 14:38

BlackRock's iShares Bitcoin Trust (IBIT) experienced a remarkable surge in investment, recording a single-day inflow of $266 million on June 16th. This influx propelled IBIT past the significant milestone of $50 billion in total inflows since its launch, solidifying its position as a dominant player in the Bitcoin ETF market.

This impressive performance showcases IBIT's commanding market share. With approximately 54% of the total Bitcoin ETF assets under management (AUM), which currently sit at $131 billion, IBIT's AUM alone reaches $72 billion. Trader T data indicates the June 16th inflow comprised roughly 2,464 Bitcoins, coupled with a daily trading volume exceeding $2.3 billion that same day.

In contrast to IBIT's robust growth, other prominent Bitcoin ETFs such as Fidelity's FBTC and Ark Invest's ARK ETF experienced considerably smaller inflows of $83 million and $41 million respectively, according to data from internet sources. Aggregate inflows across all Bitcoin ETF issuers surpassed $408 million, highlighting IBIT's disproportionate contribution to this market expansion.

IBIT's success significantly overshadows its competitors. For instance, Fidelity's FBTC has attracted a significantly smaller total of $11.6 billion in inflows since its inception, underscoring IBIT's dominant market position. Furthermore, the broader spot Bitcoin ETF market is experiencing a renewed wave of investment, with a combined $1.8 billion in inflows over the past six trading days, contributing to a total of approximately $11 billion in inflows for the year.

This surge in investment fueled IBIT's price performance, leading to a 3.5% gain on June 16th and surpassing a key resistance level of $60. This positive momentum builds on IBIT's strong recent performance, demonstrating a 40% increase from its April lows of $44.