BlackRock’s iShares Bitcoin Trust (IBIT) has solidified its dominance in the U.S. Bitcoin ETF market, navigating recent volatility with remarkable resilience. On May 30, 2025, IBIT ended a 31-day inflow streak with a record-breaking outflow of $430.8 million, surpassing its previous high of $418.1 million on February 26. Despite this, the fund has amassed over $71 billion in assets under management since its January 2024 launch, driven by $6.35 billion in net inflows during May’s Bitcoin rally. This growth underscores strong institutional appetite for $BTC as a "digital gold," with IBIT attracting $49 billion in net inflows, outpacing competitors like Fidelity’s Bitcoin Fund ($12 billion).
The ETF’s record-low volatility, as noted by Bloomberg’s Eric Balchunas, appeals to institutional investors seeking stability amid Bitcoin’s price swings, currently trading at $103,700 after a 2.27% daily drop. BlackRock’s consistent inflows, including $356.2 million on May 9, highlight its market leadership, even as other ETFs faced outflows. This dynamic reflects growing confidence in Bitcoin’s long-term value despite short-term fluctuations.
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