BlackRock Bitcoin ETF Investments Have Already Hit a Report Month-to-month Excessive – Decrypt

The iShares Bitcoin Belief (IBIT) exchange-traded fund has already amassed $6.22 billion in Might, the most important month-to-month influx within the historical past of the exchange-traded fund that has dominated the spot Bitcoin class up to now. 

IBIT, which acquired regulatory approval in January 2024, generated almost $500 million in investments on Wednesday and has acquired web inflows each day this month besides one, based on information from U.Okay. asset supervisor Farside Buyers. 

 “[It’s] beginning to get ridiculous,” quipped Nate Geraci, president of funding advisor ETF Retailer, in a tweet Thursday.

Curiosity within the funds, which gained approval final yr, has surged as the worth of the underlying asset has risen amid hopeful indicators about inflation and different macroeconomic indicators. Bitcoin has additionally benefited from renewed investor perceptions of the asset as a secure haven largely proof against the foreign money volatility that has characterised the previous few months.

To make sure, the month-to-month complete may dip if IBIT hemorrhages belongings Thursday and Friday. The earlier month-to-month excessive in March 2024 was solely barely decrease.

IBIT has added day by day investments aside from Might 13 when it netted zero flows, and the fund has accounted for 90% of all spot Bitcoin ETF flows. It acquired a Might excessive of $877 million in investments on Might 22 and greater than $3.8  billion over the previous eight days. 

U.S.-listed spot crypto ETFs as an entire have had inflows of $6.74 billion for the month.

Total, IBIT is “basically accountable” for all spot crypto ETF web inflows in Might and for all of 2025, Sumit Roy, senior analyst at Etf.com, instructed Decrypt. 

Roy added: “These numbers actually showcase how dominant IBIT has change into and the way it’s change into THE go-to ETF for buyers looking for crypto publicity within the ETF wrapper.” 

Institutional and retail merchants have flocked to crypto ETF funds amid a extra favorable political local weather for digital belongings within the U.S. that has additionally spurred international locations and firms to embrace Bitcoin. 

Pakistan crypto adviser Bilal Bin Saqib unveiled on Wednesday at Bitcoin 2025 that the South Asian nation is establishing its personal Bitcoin strategic reserve. Earlier this week, Trump Media introduced it could increase $2.5 billion to spend money on the token, whereas corporations comparable to Semler Scientific and Technique proceed so as to add thousands and thousands of {dollars} of the asset to their treasuries. 

The heightened curiosity in Bitcoin has helped ship its value increased. Bitcoin was lately buying and selling at roughly $106,500, down about 1% over the previous 24 hours, though BTC is up virtually 12% for the previous month CoinGecko information reveals.

The biggest crypto by market worth hit a file excessive above $112,000 on Might 22, a day after U.S. President Donald Trump held a personal White Home dinner with 220 crypto buyers who held his meme coin.

Edited by James Rubin