Bitcoin exchange-traded funds (ETFs) recorded near-record inflows yesterday of over $1 billion, as Bitcoin’s price neared the $100,000 milestone for the first time amid volatile trading conditions.

The huge inflows come after options trading on BlackRock’s spot Bitcoin ETF kicked off on November 19, following the Securities and Exchange Commission’s (SEC) approval of the listing of options for spot Bitcoin ETFs last month.

Blackrock’s iShares Bitcoin Trust (IBIT) attracted the largest inflows of any fund yesterday, drawing in just over $608 million on November 21, according to data from Farside Investors.

Fidelity Wise Origin Bitcoin Fund (FBTC), meanwhile, attracted over $301 million of new funds, while Bitwise’s Bitwise Bitcoin ETF (BITB) fund attracted $68 million.

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Author: Will McCurdy

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