Close Menu
ApeWatcher News
  • Home
  • Advertise
  • Headlines
  • Crypto
    • News
    • Bitcoin
    • Ethereum
    • Altcoin
    • View All
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos
  • Listing Platform
  • BSC
  • ETH
  • Listing Platform
  • BSC
  • ETH
What's Hot

Semiconductor exemptions don’t matter when it comes to tariffs

May 22, 2025

Global Dollar Stablecoin Eyes Hundreds of Partners Attracted by Yield, Sees ‘Big Names’ From TradFi

May 22, 2025

The $1.1 Billion Pizza: Bitcoin’s First Purchase Reaches New High

May 22, 2025
X (Twitter) Telegram
  • Listing Platform
  • Home
  • BSC
  • ETH
Advertise
X (Twitter) Telegram
ApeWatcher News
  • Headlines
  • Crypto
    1. News
    2. Bitcoin
    3. Ethereum
    4. Altcoin
    5. View All

    Semiconductor exemptions don’t matter when it comes to tariffs

    May 22, 2025

    Global Dollar Stablecoin Eyes Hundreds of Partners Attracted by Yield, Sees ‘Big Names’ From TradFi

    May 22, 2025

    The $1.1 Billion Pizza: Bitcoin’s First Purchase Reaches New High

    May 22, 2025

    Which 4 memecoins will outperform Bitcoin this crypto bull cycle?

    May 22, 2025

    Binance scores legal win as UK court partially dismisses Bitcoin SV lawsuit

    May 22, 2025

    Bitcoin tops Amazon market cap on ‘Pizza Day’ as price sets new highs

    May 22, 2025

    Crypto awareness in Singapore hits record 94%, but ownership falls

    May 22, 2025

    Bitcoin ‘looks exhausted’ as next bear market yields $69K target

    May 22, 2025

    Whale buys back ETH holdings after missing $2.6M gain

    May 22, 2025

    Ethereum holders back in profit as ETH price enters ‘crucial area’ for $3K breakout

    May 21, 2025

    Arthur Hayes Gives Portfolio Update, Says ‘Nasty Correction’ Could Be Approaching This Year for Crypto

    May 21, 2025

    Ethereum price gained 90% the last time this indicator turned bullish

    May 20, 2025

    Which 4 memecoins will outperform Bitcoin this crypto bull cycle?

    May 22, 2025

    ‘You don’t own enough crypto, NFTs’

    May 22, 2025

    UK court partially dismisses Bitcoin SV investor’s lawsuit against Binance

    May 22, 2025

    Can ChatGPT Trade Crypto for You? Here’s What You Need to Know

    May 22, 2025

    Semiconductor exemptions don’t matter when it comes to tariffs

    May 22, 2025

    Global Dollar Stablecoin Eyes Hundreds of Partners Attracted by Yield, Sees ‘Big Names’ From TradFi

    May 22, 2025

    The $1.1 Billion Pizza: Bitcoin’s First Purchase Reaches New High

    May 22, 2025

    SafeMoon CEO Faces 45 Years in Prison: Crypto Fraud’s Reality

    May 22, 2025
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Videos

    BlackRock & Chainlink: Predicting the Future of Digital Assets!

    May 22, 2025

    Bitcoin Hits New ALL TIME HIGH: Here's WHY (Japan Economy Imploding)

    May 22, 2025

    HURRY: Bitcoin's Move From $110K To $125K Will Be QUICK!!!

    May 21, 2025

    Bitcoin NEW All-Time High! Price Prediction & Bear Trap Alert!

    May 21, 2025

    The Next BIG Crypto Memecoin Just Discovered → Like Finding Dogecoin, Pepe, & Brett EARLY!?

    May 21, 2025
ApeWatcher News
Home » BlackRock Bitcoin fund wins best new ETF on $643M inflow day
BlackRock Bitcoin fund wins best new ETF on 3M inflow day
Bitcoin

BlackRock Bitcoin fund wins best new ETF on $643M inflow day

Coin TelegraphBy Coin TelegraphApril 24, 20250 ViewsNo Comments
Share
Facebook Twitter LinkedIn Pinterest Email

BlackRock’s spot Bitcoin exchange-traded fund has been named the best new ETF product by etf.com, as it recorded its highest inflows since Jan. 21. 

On April 23, BlackRock’s iShare Bitcoin ETF (IBIT) was awarded the “Best New ETF” at the annual etf.com ETF awards. In an X post shortly after, Bloomberg ETF analyst Eric Balchunas said it “feels right to me.”

IBIT clocks highest inflows in three months

“I’m pretty sure this is how I voted. Both of them did things no one has seen [before],” Balchunas said, also 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 also the recipient of the Crypto ETP of the year.

IBIT’s two awards came on the same day IBIT recorded $643.2 million in inflows, according to Farside data. It was the highest inflow day since Jan. 21, when it saw $661.9 million, just a day after US President Donald Trump’s inauguration, when Bitcoin’s spot price hit an all-time high of $109,000.

Bitcoin is trading at $93,290 at the time of publication. Source: CoinMarketCap

Bitcoin commentator Vivek said this “is massive,” while Apollo Sats co-founder Thomas Fahrer said, “Huge inflow.”

The IBIT fund, which launched in January 2024 alongside 10 other US-based spot Bitcoin ETFs, has net assets of approximately $53.77 billion, according to BlackRock data. Over the past 30 days, it has traded, on average, 45.02 million shares per day. 

At the time of publication, a single IBIT share is trading at $53.20, as per Google Finance data.

Markets, United States, ETF
The iShares Bitcoin Trust ETF is up 6.02% over the past month. Source: Google Finance

Meanwhile, VanEck Bitcoin ETF (HODL) received the award for “Best new ETF ticker.”

Related: Bitcoiners should be cautious over rally as stablecoin indicator lags: Analyst

IBIT’s large inflow on April 23 made up most of the $917 million seen across all 11 spot Bitcoin ETFs that day. It was the second day in a row with over $900 million in inflows amid most of the month posting outflow days due to macro uncertainty.

On April 23, Glassnode pointed out that the $912 million ETF inflows the day prior equaled more than 500 times the 2025 daily average.

Magazine: Former Love Island star’s tips on how to go viral in crypto: Van00sa, X Hall of Flame

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Read the full article here

Follow us on Google News to get the latest Updates

 
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Binance scores legal win as UK court partially dismisses Bitcoin SV lawsuit

May 22, 2025

Bitcoin tops Amazon market cap on ‘Pizza Day’ as price sets new highs

May 22, 2025

Crypto awareness in Singapore hits record 94%, but ownership falls

May 22, 2025

Bitcoin ‘looks exhausted’ as next bear market yields $69K target

May 22, 2025

Billionaire Vivek Ramaswamy Announces Plans To Acquire 75,000 Bitcoin Under New Corporate Entity

May 22, 2025

BlackRock’s Bitcoin ETF notches 2-week high inflow as BTC nears $112K

May 22, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Articles

Semiconductor exemptions don’t matter when it comes to tariffs

May 22, 2025

Global Dollar Stablecoin Eyes Hundreds of Partners Attracted by Yield, Sees ‘Big Names’ From TradFi

May 22, 2025

The $1.1 Billion Pizza: Bitcoin’s First Purchase Reaches New High

May 22, 2025
ApeWatcher News
X (Twitter) Telegram
  • Privacy Policy
  • Sources
  • Terms and Conditions
  • Contact
  • Advertise
© 2025 Ape Watcher News

Type above and press Enter to search. Press Esc to cancel.