U.S. spot Bitcoin ETFs just logged their strongest two-day run ever, with over $1 billion in inflows on both Thursday and Friday—something not seen since their launch in January 2024.
According to recent data, the 11 spot Bitcoin ETFs attracted $1.17 billion on Thursday and $1.03 billion on Friday, pushing this week’s total to a staggering $2.72 billion. Market observers noted this marks only the second and third days in history with inflows above the $1 billion mark, outside of the January post-launch surge.
The demand surge comes as Bitcoin itself posted an 8.85% gain over the week, touching a new record high of $118,780 on Friday. On Wednesday alone, ETF demand reportedly exceeded newly mined Bitcoin supply by 22 times, according to Jan3. Bitwise CIO Matt Hougan echoed the imbalance, noting ETFs bought roughly 10,000 BTC while the network only produced 450 that day.
BlackRock’s spot Bitcoin ETF (IBIT) has been a standout. It crossed $80 billion in assets under management this week, becoming the fastest ETF in history to do so—reaching the milestone in just 374 days. Analyst Eric Balchunas pointed out that BlackRock’s Bitcoin fund is now generating more annual revenue than its flagship S&P 500 ETF.
Total assets across all U.S. spot Bitcoin ETFs now exceed $140 billion, reflecting both strong demand and Bitcoin’s price surge. Yet some, like Jan3 CEO Samson Mow, warn that such demand may not be sustainable without a meaningful correction.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/bitcoin-etfs-smash-records-with-2-7b-weekly-inflows/