Farside data shows that bitcoin U.S. exchange-traded funds (ETFs) recorded their largest inflow since Sept. 10, with $675.8 million. BlackRock’s iShares Bitcoin Trust (IBIT) captured the majority, taking in $405.5 million, it’s biggest inflow since Aug. 14 and pushing its total net inflows to $61.376 billion. The surge coincided with bitcoin climbing over $119,000, a 4% gain on the day.

According to Bloomberg Senior ETF Analyst Eric Balchunas, IBIT has entered the top 20 ETFs by assets for the first time, reaching $90.7 billion. Since launching in January 2024, IBIT is up 175%.

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Author: James Van Straten

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