BlackRock’s Bitcoin ETF achieves legendary status after hitting second-largest inflows for 2024

Quick Take
VettaFI’s data showcases the impressive traction of BlackRock’s IBIT, marking it as the US ETF with the second-largest inflows year to date.
IBIT only trails behind the Vanguard S&P 500 ETF, which has garnered inflows of $21.6 billion year-to-date (YTD), positioning it at the forefront. Notably, despite IBIT’s trading activity spanning merely 50 days, it achieved the ninth-highest inflow in a one-year review.
On a 4-week analysis, IBIT again ranks second with inflows amounting to $7.3 billion, this time following the SPDR S&P 500 ETF Trust, which leads with $21.4 billion, according to VettaFI.

Symbol
ETF Name
1 Week ($MM)
4 Week ($MM)
YTD ($MM)
1 Year ($MM)
3 Year ($MM)
5 Year ($MM)

VOO
Vanguard S&P 500 ETF
-2,835.75
7,006.49
21,640.69
60,597.88
134,882.64
179,565.43

IBIT
iShares Bitcoin Trust Registered
715.82
7,348.23
13,089.01
13,089.01
13,089.01
13,089.01

VTI
Vanguard Total Stock Market ETF
-649.13
3,251.86
9,343.79
27,160.83
91,957.24
145,947.28

FBTC
Fidelity Wise Origin Bitcoin Fund
213.98
2,877.62
7,339.88
7,339.88
7,339.88
7,339.88

QQQ
Invesco QQQ Trust Series I
3,045.09
4,108.80
7,136.59
13,984.59
42,035.26
57,387.51

Source: VettaFI
CryptoSlate highlighted that IBIT experienced 49 days of continuous inflows, a streak that Eric Balchunas, Senior ETF Analyst for Bloomberg, has now updated to 50 consecutive days. Fidelity’s FBTC and BlackRock’s IBIT have set a record with the longest active streak of daily inflows.
Balchunas further notes that despite its milestone, there’s still a significant gap to surpass the all-time record of 160 days of inflows set by JEPI.
Longest Active Daily Inflows Streak: (Source: Eric Balchunas, Bloomberg Intelligence)
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