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BlackRock’s iShares Bitcoin Belief (IBIT) acquired roughly $970 million in Bitcoin on April twenty eighth, representing its second-largest single-day influx for the reason that fund’s inception.

Knowledge from Sosovalue signifies the acquisition was second solely to IBIT’s $1.12 billion influx on November seventh, 2024. The acquisition occurred throughout a day through which whole internet inflows into U.S. spot Bitcoin ETFs surpassed $590 million. 

Different funds recorded both minimal modifications or internet outflows, with ARK Make investments’s ARKB ETF seeing the most important withdrawal at $226 million.

“Practically *$1bil* into iShares Bitcoin ETF right now… 2nd largest influx since Jan 2024 inception. I nonetheless bear in mind when there was ‘no demand,’” wrote Nate Geraci, president of the ETF Retailer.

Practically *$1bil* into iShares Bitcoin ETF right now…

2nd largest influx since Jan 2024 inception.

I nonetheless bear in mind when there was “no demand”.

— Nate Geraci (@NateGeraci) April 29, 2025

IBIT at present manages over $54 billion in belongings and represents 51% of the whole U.S. spot Bitcoin ETF market, in keeping with knowledge from Dune. 

ETF Database ranks IBIT because the Thirty third-largest ETF globally throughout each conventional and Bitcoin-focused choices.

Current inflows into U.S. spot Bitcoin ETFs totaled greater than $3 billion over the previous week, which ranks because the second-highest weekly whole since these merchandise grew to become obtainable.

In February 2024, when Bitcoin regained the $50,000 stage, ETFs had been estimated to have contributed roughly 75% of the brand new capital getting into the market.