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ETF expert Eric Balchunas said helium is “pretty definite this is however I voted,” amid the spot Bitcoin ETF posting a “massive” inflow time not seen since precocious January.
BlackRock’s spot Bitcoin exchange-traded money has been named the champion caller ETF merchandise by etf.com, arsenic it recorded its highest inflows since Jan. 21.
On April 23, BlackRock’s iShare Bitcoin ETF (IBIT) was awarded the “Best New ETF” astatine the yearly etf.com ETF awards. In an X post soon after, Bloomberg ETF expert Eric Balchunas said it “feels close to me.”
IBIT clocks highest inflows successful 3 months
“I’m beauteous definite this is however I voted. Both of them did things nary 1 has seen [before],” Balchunas said, besides referencing the Vanguard S&P 500 ETF (VOO) winning the “ETF of the Year” award. Over the past 5 years, VOO is up 89%, according to Google Finance data.
IBIT was besides the recipient of the Crypto ETP of the year.
IBIT’s 2 awards came connected the aforesaid time IBIT recorded $643.2 cardinal successful inflows, according to Farside data. It was the highest inflow time since Jan. 21, erstwhile it saw $661.9 million, conscionable a time aft US President Donald Trump’s inauguration, erstwhile Bitcoin’s spot terms deed an all-time precocious of $109,000.
Bitcoin is trading astatine $93,290 astatine the clip of publication. Source: CoinMarketCapBitcoin commentator Vivek said this “is massive,” portion Apollo Sats co-founder Thomas Fahrer said, “Huge inflow.”
The IBIT fund, which launched successful January 2024 alongside 10 different US-based spot Bitcoin ETFs, has nett assets of astir $53.77 billion, according to BlackRock data. Over the past 30 days, it has traded, connected average, 45.02 cardinal shares per day.
At the clip of publication, a azygous IBIT stock is trading astatine $53.20, arsenic per Google Finance data.
The iShares Bitcoin Trust ETF is up 6.02% implicit the past month. Source: Google FinanceMeanwhile, VanEck Bitcoin ETF (HODL) received the grant for “Best caller ETF ticker.”
Related: Bitcoiners should beryllium cautious implicit rally arsenic stablecoin indicator lags: Analyst
IBIT’s ample inflow connected April 23 made up astir of the $917 cardinal seen crossed each 11 spot Bitcoin ETFs that day. It was the 2nd time successful a enactment with implicit $900 cardinal successful inflows amid astir of the period posting outflow days owed to macro uncertainty.
On April 23, Glassnode pointed retired that the $912 cardinal ETF inflows the time anterior equaled much than 500 times the 2025 regular average.
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