BlackRock's iShares Bitcoin Trust (IBIT) recorded a total of $329 million worth of inflows on Oct. 21.
As noted by Nate Geraci, co-founder of The ETF Institute, the massively successful product has now taken in $1.5 billion worth of Bitcoin just over the past six trading days.
That $1.5 billion alone would make IBIT one of the most successful launches of this year so far. Of course, IBIT has managed to attract a total of $23 billion worth of inflows since January.
IBIT remains a dominant force in the Bitcoin ETF race, accounting for the biggest share of total inflows. On Monday, its inflows were bigger than the total net flows recorded by all ETFs.
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In sharp contrast to IBIT's tremendous success, multiple Bitcoin ETFs were actually in the red.
Bitwise Bitcoin ETF (BITB) recorded outflows of $22.1 million.
VanEck's HODL ETF is in the red with $7.6 million worth of outflows.
ARK 21Shares Bitcoin ETF (ARKB) and Grayscale Bitcoin Trust (GBTC) have also recorded $6.1 million and $4.8 million worth of outflows, respectively.
