The area exchanged by Bitcoin Exchange fund (ETFS) Raked to more than $ 1 billion in Thursday flows, marked one of their strongest single-day total since the launch. Advancement came as Bitcoin broke a new all-time high of $ 118,000.
Top to pack is Blackrock’s Ishhares Bitcoin Trust (Go)who crossed $ 80 billion in possessions under management (Aum)It makes it the fastest ETF in history to hit that milestone. It took only 374 days to Ibit-Along one fifth time it took the previous record-holder, the Vanguard S&P 500 ETF (Flight)which reached the same mark in 1,814 days, According to Bloomberg Intelligence Senior ETF analyst Eric Balchunas.
Ibit now ranked as 21 largest ETF in the world of assets, an amazing -a wonderful hope for a fund that was launched only a year ago in the midst of the broader approves of Bitcoin ETF areas in the US in the US
The $ 1 billion Thursday’s flow only marks the four -hour Bitcoin ETF area posted a day -to -day value. The last time was in January while US president Donald Trump was in charge. Prior to that, it happened twice in November 2024, shortly after the US election.
The flow of interest reflects the growing appetite for the investor for the direct exposure of Bitcoin to traditional broker accounts. The Bitcoin ETF spot offers an easier on-ramp for institutional and retail investors, which can be careful with the precautionary issues and compliance with the crypto space.
President Trump’s media company recently filed for another Bitcoin ETF area under the fact of the social brand that has not yet received approval from the Securities and Exchange Commission.
A number of other ETFs that monitor Solana’s price
XRP and others also have to get the green light from the regulator.
