This investment vehicle, offered by the world's biggest asset manager, has been the clear winner in terms of attracting assets.

BlackRock’s iShares Bitcoin Trust (IBIT) surged nearly 6% fueled by $300 million in daily net inflows, dominating US spot Bitcoin ETFs. On key days like August 27 and September 2, IBIT attracted more inflows than the entire category combined, even as competitors faced outflows. Since its January 2024 launch, IBIT has amassed over $63 billion in net inflows, holding about 60% of the $97-$100 billion US spot Bitcoin ETF market. This strong institutional demand provides a new structural support for Bitcoin prices, which have hovered in the mid-to-high $70,000s, marking a shift from previous cycles where investors faced more complex Bitcoin exposure options.

Grayscale GBTC posts $56.2 million outflow in Bitcoin ETF daily flows while BTC holds $77109.45 on 4h chart with bearish MACD death cross.

Grayscale, a16z, and CCI submitted SEC comments urging the agency to avoid blanket restrictions on novel crypto ETFs and preserve existing

Nine years after Fink called bitcoin an index of money laundering, BlackRock’s bitcoin fund now takes three of every four new dollars entering the category.

Bitcoin price prediction tracks James Wynn’s 30x BTC long, $216.70 million ETF inflows, and Bitcoin’s historic green August close.