BlackRock's IBIT Leads $270.37 Million Crypto ETF Inflows
Coin WorldSaturday, May 24, 2025 4:46 pm ET
1min read
On Friday, BlackRock's IBIT and ETHA led the inflows into spot Bitcoin and Ethereum exchange-traded funds (ETFs), with a combined inflow of $270.37 million. This surge in institutional engagement with crypto-backed funds underscores the growing confidence in these digital assets as viable investment options.
BlackRock's IBIT, in particular, saw a net inflow of $431 million for the day, bringing its total historical net inflow to $47.985 billion. This significant inflow highlights the increasing institutional interest in Bitcoin ETFs, which have already surpassed gold ETFs in early growth and are projected to reach $100 billion in annual inflows by 2027.
The trend of institutional investors and governments showing interest in Bitcoin underscores the growing confidence in its long-term value. With 94.6% of its supply already mined, Bitcoin is increasingly being viewed as a hedge against inflation and fiat currency debasement. The acceleration of institutional investor and government interest in BTC underscores growing confidence in Bitcoin’s long-term value.
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