Bitcoin exchange-traded funds (ETFs) recorded a total of $934 million worth of inflows on Thursday.
This coincided with Bitcoin hitting a new record high of $111,814, according to CoinGecko data.
BlackRock’s IBIT accounted for virtually all of these inflows with $877 million. This is one of the biggest days for IBIT since its launch in early 2024.
In less than a month, the ETF has recorded a total of $900 million worth of inflows.
Fidelity’s FBTC comes in extremely distant second place with $49 million worth of inflows.