Global Bitcoin Spot ETF Inflows Lead By BlackRock IBIT in 2024

Key Points:

  • BlackRock’s Bitcoin Spot ETF led with $37B inflows in 2024.
  • Fidelity’s FBTC trailed with $12B; ETH ETFs also grew.
BlackRock’s Bitcoin Spot ETF dominates 2024 with $37B net inflows, surpassing competitors like Fidelity’s FBTC. Ethereum ETFs also see significant activity.
Global Bitcoin Spot ETF Inflows Lead By BlackRock IBIT in 2024

BlackRock’s Bitcoin Spot ETF Leads 2024 Inflows by a Wide Margin

BlackRock‘s Bitcoin Spot ETF saw 37 billion dollars of net inflows during all of 2024, a figure more than tripling that which Fidelity’s FBTC netted at $12 billion. On a global basis, Bitcoin ETFs topped 35 billion in inflows during the period, underscoring investor confidence in this young asset class.

Excluding Bitcoin, Ethereum ETFs saw a surge in demand too: BlackRock’s ETHA took in $3.5 billion, and Fidelity’s FETH had $1.5 billion. These inflows demonstrate a growing interest in crypto ETFs, highlighting how traditional investment strategies have turned to digital assets, according to Farside Investors.

Read more: BlackRock Bitcoin ETF Is The Greatest Launch in ETF History

Ethereum ETFs Follow Bitcoin’s Success in BlackRock’s Dominance

Ethereum ETFs also gained significant momentum in 2024, with BlackRock‘s ETHA topping the charts at $3.5 billion in net inflows, followed by Fidelity’s FETH at $1.5 billion. This extends a broader trend of success in Bitcoin Spot ETFs, where once again BlackRock topped the charts with a staggering $37 billion.

These results highlight the appetite of institutional and retail investors for crypto-ETFs. While Bitcoin holds the leading position, Ethereum’s performance presents an outstanding option as a complementary investment in the evolving cryptocurrency market.