Historic Week for Bitcoin ETFs as Demand Skyrockets
In a landmark moment for crypto investment vehicles, U.S. spot Bitcoin ETFs have recorded over $1 billion in inflows on two consecutive days — a first since their debut in January 2024. According to data from Farside Investors, $1.17 billion poured into the ETFs on Thursday, followed by another $1.03 billion on Friday. This brings the weekly total to a staggering $2.72 billion, coinciding with Bitcoin’s breakout to a new all-time high of $118,780.
Demand Outpaces Supply: 22x More Bitcoin Bought Than Mined
The surge in inflows has significantly outpaced Bitcoin’s daily issuance. On Thursday alone, while the Bitcoin network produced about 450 BTC, ETF products purchased over 10,000 BTC — roughly 22 times the daily mined supply, according to Jan3 CEO Samson Mow. He warned, “This demand is not sustainable at these price levels,” suggesting that either a pullback or further upward pressure may follow.
BlackRock’s IBIT Hits $80 Billion AUM — Fastest ETF to Ever Do So
Riding the wave of institutional demand, BlackRock’s iShares Bitcoin Trust (IBIT) has become the fastest ETF in history to cross $80 billion in assets under management, reaching the milestone in just 374 days. Analyst Eric Balchunas noted this surpasses the growth pace of even BlackRock’s flagship S&P 500 fund.
As a result, spot Bitcoin ETFs collectively now hold over $140 billion in assets, setting a new industry record. While the price surge contributed heavily, net new capital remains a significant factor.
What This Means for the Market
The back-to-back $1B inflows represent growing institutional trust in Bitcoin as a long-term asset. Analysts say this reflects maturing market sentiment, with regulated ETFs offering a safer, more accessible vehicle for traditional investors.
These inflows also coincide with a broader risk-on environment in global markets and speculation about further Bitcoin ETF approvals globally, particularly in Asia.
Key Takeaways:
- $2.72B flowed into U.S. Bitcoin ETFs this week
- BlackRock’s IBIT hit $80B AUM — fastest ETF to do so
- ETF demand exceeds Bitcoin’s daily supply 22:1
- BTC price reached $118,780, up 8.85% on the week
As ETF interest continues to climb, investors are now watching for consolidation or a breakout toward $125,000+, depending on volume and macro sentiment.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.