Funds negotiated in exchange for Bitcoin (ETF) Thursday, razed more than $ 1 billion in admissions, marking one of their total in one stronger day since its launch. The rise in power came while Bitcoin broke a new record of all time above $ 118,000.
The leader of the pack was the BlackRock Ishares Bitcoin Trust (Ibit)which has crossed $ 80 billion in management under management (AUM)This makes it the fastest ETF in history to take this step. It only took 374 days in Ibit – about a fifth of the time that it took the previous record holder, the Vanguard S & P 500 ETF (Voo)Who reached the same brand in 1814 days, according to the analyst of Bloomberg Intelligence ETF, Eric Balchunas.
Ibit is now classified as the 21st largest ETF on a global scale by assets, a remarkable feat for a fund that launched just over a year ago in the wider approval of ETF Bitcoin Spot in the United States
The $ 1 billion entries on Thursday only mark the fourth place in the Bitcoin FNB displayed such important daily amounts. The last time was in January when US President Donald Trump took office. Before that, it occurred twice in November 2024, shortly after the American elections.
The sharp increase in interest reflects the growing appetite of investors for direct Bitcoin exposure in traditional brokerage accounts. The FNB Bitcoin Spot offer an easier ramp to institutional and detail investors, which can be wary of childcare and compliance problems in cryptographic space.
President Trump’s media company recently filed another Bitcoin ETF spot under the social brand Truth which has not yet received approval from the Securities and Exchange Commission.
A number of other ETFs according to Solana’s price
XRP and others have not yet obtained the green light from the regulator.
