By CryptoSlate | Created at 2025-01-10 10:33:14 | Updated at 2025-01-10 14:12:03
3 hours ago
Spot Bitcoin ETFs celebrate 1st birthday with 1.13 million BTC under management Liam 'Akiba' Wright · 1 min ago
Spot Bitcoin ETFs in the United States reach their first anniversary tomorrow after over $35 billion in inflows and assets under management of 1.13 million BTC, according to Farside Investors data.
BlackRock led the year with $37.85 billion, offset by Grayscale’s net outflow of $21.58 billion. Fidelity’s $12.14 billion is in second place, while Ark and Bitwise also broke $2 billion, with the rest bringing in between $200 and $800 million.
Within three months of launch, IBIT’s assets under management stood at $15 billion, while FBTC reached $8 billion.
Cumulative net inflows across all Bitcoin ETFs eventually rose to $36.3 billion, with total net assets at $107 billion or 1.13 million BTC.
While the inflows represent new money entering the Bitcoin ETFs, the total AUM reflects the combined effect of these inflows, Bitcoin’s price appreciation, and the existing holdings of converted funds. The AUM can be significantly larger than the reported inflows alone.
| iShares Bitcoin Trust (Blackrock) | IBIT:NASDAQ | 557,881.8 | $52,944,327,315 |
| Fidelity Wise Origin Bitcoin Fund | FBTC:CBOE | 205,488.5 | $19,501,353,877 |
| Grayscale Bitcoin Trust | GBTC:NYSE | 204,411.5 | $19,399,143,981 |
| ARK 21Shares Bitcoin ETF | ARKB:CBOE | 46,747.9 | $4,436,488,372 |
| Bitwise Bitcoin ETF | BITB:NYSE | 40,793.7 | $3,871,420,442 |
| Grayscale Bitcoin Mini Trust | BTC:NYSE | 38,951.2 | $3,696,562,752 |
| Vaneck Bitcoin Trust | HODL:CBOE | 13,999.6 | $1,328,595,779 |
| Valkyrie Bitcoin Fund | BRRR:NASDAQ | 8,806.5 | $835,758,073 |
| Franklin Bitcoin ETF | EZBC:CBOE | 7,566.6 | $718,088,575 |
| Invesco Galaxy Bitcoin ETF | BTCO:CBOE | 7,282.2 | $691,098,330 |
| WisdomTree Bitcoin Fund | BTCW:CBOE | 3,861 | $366,418,205 |
| Hashdex Bitcoin ETF | DEFI:NYSE | 157.8 | $14,975,600 |
| Totals: | 1,135,948 | $107,804,230,461 |
Spot Bitcoin ETF assets (Source: Bitbo)
The broad acceptance of these ETFs has spurred speculation around additional crypto-focused offerings. Record-breaking Bitcoin inflows contributed to hopes for a future wave of digital asset funds, with analysts projecting $35 billion in potential Bitcoin ETF inflows in 2025.
Meanwhile, Bitcoin itself has maintained a trading range near five figures ahead of the anniversary, moving between $91,000 and $102,000. When the ETFs launched in 2024, Bitcoin’s price was around $46,000, following a momentum-fueled surge from $25,000 in mid-August 2023.
Tomorrow, spot Bitcoin ETFs as an asset class cement a historic first year, smashing perceived glass ceilings and challenging conventional ETFs in ways many in traditional finance did not see coming.
In a mere 12 months, BlackRock’s IBIT has become the 33rd-largest ETF in the United States. It is also in the top 30 ETFs globally for the past year.
