BlackRock's IBIT Spot Bitcoin ETF Sets Record Daily Inflow of $520 Million

BlackRock's IBIT spot bitcoin exchange-traded fund (ETF) experienced a record daily inflow of $520.2 million on Tuesday, surpassing the total net flows of all U.S. spot bitcoin ETFs combined on Monday. This marks a 5% increase from the previous record and the highest net inflows for all spot bitcoin ETFs in two weeks. Additionally, IBIT set a new daily trading volume record of $1.36 billion on the same day, contributing to a total trading volume of $3.15 billion across all spot bitcoin ETFs. With cumulative trading volume approaching $60 billion, the nine U.S. spot bitcoin ETFs are demonstrating significant growth and demand within the market.

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