Bitcoin exchange-traded funds (ETFs) in the United States recorded their largest capital inflow since September 10, with a substantial $675.8 million according to Farside data. BlackRock's iShares Bitcoin Trust (IBIT) dominated these inflows, capturing $405.5 million - its biggest single-day inflow since August 14. This significant capital injection pushed IBIT's total net inflows to an impressive $61.376 billion.
The massive inflow coincided with Bitcoin's price surge above $119,000, representing a 4% daily gain. Bloomberg Senior ETF Analyst Eric Balchunas reported that IBIT has now entered the top 20 ETFs by assets under management for the first time, reaching $90.7 billion in total assets. Since its launch in January 2024, IBIT has delivered remarkable 175% returns to investors.
Balchunas suggested that IBIT's entry into the top 10 ETFs by assets might be achievable sooner than expected, potentially by December 2026. "If the last 12 months' performance repeats, reaching the top 10 might not take long. IBIT accumulated $40 billion over the past year with 85% growth, though competing ETFs are also expanding," Balchunas commented.
Wednesday's 4% Bitcoin price increase nearly marked one of the top 10 daily performances in 2025. Velo data indicates that historically, Wednesday has been the most bullish day for Bitcoin throughout the past year, while Thursday has typically shown bearish tendencies.