US spot bitcoin exchange-traded fund (ETF) demand keeps rising at a historic pace. Cumulative net inflows in the ETFs since the January 2024 launch have exceeded $50 billion, reflecting growing institutional interest in digital assets.
BlackRock’s iShares Bitcoin Trust has been the biggest gainer, attracting just over $53 billion of net inflows by itself. Fidelity’s Wise Origin Bitcoin Fund also registered massive gains, attracting $12.29 billion of new investor money during the same period.
In comparison, Grayscale’s Bitcoin Trust (GBTC) is the lone ETF to register sustained outflows, marking the loss of $23.34 billion. Farside Investors’ numbers mirror the trend for investors to gradually favor ETFs with more effective structures and disclosure.
As of 2025, combined digital-asset investment products have registered $18.96 billion in net inflows. Out of this sum, nearly 83% has been due to Bitcoin-based funds, and approximately 16% of the value has been from Ethereum-based products.
IBIT dominates with over 700,000 Bitcoins (BTCs)
IBIT now holds more than 700,000 BTC, worth more than 55% of the total bitcoin held in all U.S. spot ETFs. BlackRock’s fund has even surpassed its very own iShares Core S&P 500 ETF in annual revenue, emblematic of the newfound mainstream financial asset status for Bitcoin.
Besides ETFs, direct company buys of Bitcoins have also increased significantly over the year. Japan’s Metaplanet bought just over $237 million worth of Bitcoin to become the fifth-largest company holder to date with over 15,500 BTC.
Two European firms, The Blockchain Group of France and Smarter Web Company of the United Kingdom, incorporated Bitcoins amounting to $36.8 million in reserves in the same period. Japan’s publicly traded company Remixpoint announced it has created $215 million to buy 3,000 BTC shortly.
Bitcoin reached its all-time high at $112,000 on Wednesday, leading to liquidations of close to $200 million worth of short sellers. Ether surged 6.6% in the last 24 hours and is now traded at around $2,778. The analysts believe the price of Ethereum will reach $3,000 soon if the trend continues.
