Since their launch, Spot Bitcoin ETFs have achieved tremendous success through widespread adoption, which they have enjoyed among institutional investors. Thanks to this, flows into these funds accounted for most of the flows recorded by their issuers since the beginning of the year.

Spot Bitcoin ETFs are a major source of inflows for fund issuers

Bloomberg analyst Eric Balchunas revealed in a post on X (formerly Twitter) that BlackRock's iShares Bitcoin Trust (IBIT) accounted for 26% of the inflows the asset manager saw this year across all of its exchange-traded funds (ETFs). For context, BlackRock currently has 433 funds listed on the market.$BTC