Could this underdog ETF soon rival Wall Street’s biggest giants?
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IBIT leads $442M inflow in spot Bitcoin ETFs, signaling strong institutional interest.
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Bitcoin surges to $93K as ETF inflows hit the highest level since November 2024.
Bitcoin [BTC] ETFs are regaining momentum as the broader crypto market rebounds.
According to data from Farside Investors, spot BTC ETFs witnessed a significant inflow of $442 million on the 24th of April alone.
BlackRock’s iShares Bitcoin Trust (IBIT) accounting for a massive $327.3 million of that total. This marks a consistent streak of inflows since the 17th of April, signaling renewed institutional confidence in Bitcoin.
Spot Bitcoin ETFs see a resurgence with significant inflows, led by BlackRock’s IBIT, as institutional confidence strengthens in the crypto market.
Michael Saylor and Nate Geraci on IBIT’s success
Riding this wave of optimism, MicroStrategy co-founder Michael Saylor has made a bold forecast, predicting that IBIT could outpace every other ETF to become the world’s largest within a decade.
While such a claim might sound ambitious in a market still dominated by S&P 500 titans, it’s emblematic of Saylor’s long-standing conviction in Bitcoin’s ascent.
Echoing similar sentiments, ETF Store President Nate Geraci noted,
Source: Nate Geraci/X
BlackRock’s IBIT success so far
While BlackRock’s IBIT is still far from matching the scale of ETF giants like Vanguard’s VOO, which boasts over $573 billion in assets, its rapid ascent is hard to ignore.
SPY and IVV remain comfortably above the $500 billion mark, but IBIT is gaining traction fast, with BlackRock now holding more than 582,000 BTC, valued at over $54.2 billion.
This positions it just outside the top 35 ETFs by AUM, yet it’s already generating daily trading volumes exceeding 45 million shares.
In a space where Bitcoin was once barely acknowledged by institutions, this surge signals a transformative shift.
Adding to the momentum, U.S. spot BTC ETFs collectively saw a net inflow of 11,898 BTC in a single day, the highest since the 11th of November 2024.
While Saylor’s bold predictions of Bitcoin reaching $13 million per coin may seem far-fetched, his history of early, unwavering conviction gives such statements unusual weight.
After a period of muted flows, the recent spike in institutional Bitcoin activity signals a decisive shift in sentiment.
Daily inflows that once averaged just 23 BTC in 2025 have now surged dramatically, reflecting renewed confidence from large-scale investors.
This revival is vividly illustrated by Glassnode’s charts, where bold green bars have replaced the prior red streak, marking a clear break from the stagnation.
BTC price action
The resulting uptick in demand has fueled Bitcoin’s price momentum, with BTC climbing to $93,734.12, up 10.86% over the past week.
Such data underscores a strong institutional return, likely laying the groundwork for Bitcoin’s next major leg upward.
Conclusion
The current trend in Bitcoin ETF inflows not only showcases renewed institutional confidence but also suggests a long-term bullish sentiment in the cryptocurrency market. As interest in IBIT grows, the landscape of Bitcoin investments could be on the verge of transformative shifts. Strong inflows indicate a rising belief in Bitcoin’s potential, thereby paving the way for exciting developments in the near future.
