U.S. Bitcoin ETFs Record $1.2B Inflows Led by BlackRock

The U.S. bitcoin ETFs saw a significant net inflow of $1.2 billion on Monday, as reported by Farside data.
BlackRock’s iShares Bitcoin Trust (IBIT) was the primary contributor, attracting $970 million.
Historically, inflows around $1 billion have coincided with short-term peaks in Bitcoin's price.
Past instances include:
- March 12, 2024: Inflow led to a peak at $74,000 on March 14.
- November 2024: Inflows preceded a surge above $100,000.
- January 17: $1 billion inflow led to a local top near $109,000 on January 20.
- July 10-11: Consecutive inflows followed by a peak of $123,000 on July 14.
On the recent Monday, Bitcoin rose above $126,000 and is currently around $124,000.
Eric Balchunas from Bloomberg highlighted that IBIT is now BlackRock’s most profitable ETF, nearing $100 billion in assets under management (AUM).
IBIT has generated an estimated $244.5 million in annual revenue.
IBIT is approaching $100 billion in AUM within 435 days, faster than the Vanguard S&P 500 ETF (VOO), which took 2,011 days.