IBIT Fund at the summit in ETF rally of 4.2 billion dollars: Record Entry Series from Blackrock
In the United States, the entrance to Spot Bitcoin ETFs continued for 10 days, while Blackrock's IBIT fund alone withdrawn $ 4.09 billion alone and sat on the lead. The asset value reached 72 billion dollars.
Blackrock’s IBIT Fund has settled at the top of the 10 -day US Bitcoin ETF rally
US -based Spot Bitcoin ETFs recorded a total of $ 4.2 billion entrance in the last 10 days. Blackrock’s IBIT fund alone made 96 %of this movement alone.
Spot Bitcoin ETFs in the United States have reached a total of $ 4.26 billion in total, saving a positive net input for 10 consecutive days. The biggest winner of this rally was Blackrock’s IBIT ETF. Only this fund made up to 4.09 billion dollars of the 10 -day process, ie 96 %of the total. Since April 9, IBIT has continued its way without any exit for 33 days and is currently drawing attention with its $ 72 billion asset size.
📈 Giant entrance to Bitcoin ETFs
On May 28, a total of $ 432.7 million entry to Spot Bitcoin ETFs.
However, the entire input was provided by IBIT.
34.3 million dollars from Ark Invest’s ARK Fund, and Fidelity’s FBTC fund was $ 14 million output. Other funds completed the day with zero flow.
In total, Spot Bitcoin ETFs since 2024 have achieved a net introduction of $ 45.6 billion. However, $ 23.1 billion out of Grayscale’s high -paid GBTC fund overshadowed this positive picture.
Nevertheless, IBIT’s total entries exceeded $ 49 billion and prevented all funds.
🥇 IBIT’s 33 -day series win
IBIT has not experienced exit for 33 days in a row since April 9th.
Only this process provided a new entry of $ 9.31 billion.
The total managed asset size reached 72 billion dollars.
ETF Store President Nate Gerraci commented, “Providing entrances in 31 days, to enter the top 5 between 4,200 funds,” he commented.
“IBIT reached $ 72 billion in a year, even youngest ETFs come to this level in 12 years,” Bloomberg ETF analyst Eric Balchunas said.
💹 Processing volume at a record level
The transaction volume of Spot Bitcoin ETFs reached the peak of the year, exceeding $ 25 billion last week.
On May 28, the transaction volume of 3.4 billion dollars was recorded.
2.6 billion dollars of this belonged only to IBIT. This means almost 80 %market share.
The price of Bitcoin is traded at $ 108,492 just below $ 112,000, the last summit.
🟣 Increase in Ethereum ETFs
Spot Ethereum ETFs saw a net entry of 84.9 million dollars on the same day.
Most of the entrances came from Blackrock’s ETHA fund ($ 52.7 million).
Fidelity (Feth): 25.7m, Grayscale (ETH): 4.9m, Invesco (Qeth): 1.6m contributed.
Total transaction volume: 446.9 million dollars
For Spot Ethereum ETFs, this was the eighth positive day.
Total Net Entry: 394.1 million dollars and cumulative input reached 2.9 billion dollars.