Spot Bitcoin ETFs have officially surpassed $50 billion in cumulative net inflows, marking a major milestone for the cryptocurrency market. According to fresh data from SoSoValue, 12 spot Bitcoin funds attracted $218 million in net inflows on Wednesday alone, pushing the total to $50.16 billion.
BlackRock and ARK Lead the Way in Bitcoin ETF Growth
Among the top performers, BlackRock’s iShares Bitcoin Trust (IBIT) led the charge with $125.5 million in daily inflows, followed by ARK 21Shares Bitcoin ETF (ARKB), which pulled in $56.96 million. Grayscale’s Mini Bitcoin Trust (BTC) also saw a notable $15.8 million in inflows.
These consistent inflows signal growing institutional interest in Bitcoin. Rachael Lucas, a crypto analyst at BTC Markets, commented that this demand isn’t being driven by retail investors but rather by institutional asset managers, corporate treasuries, and wealth platforms.
Lucas highlighted that the surge in demand is partly due to ongoing global economic uncertainty and speculation around interest rate cuts under a potential Trump administration, which are prompting investors to move into risk assets like Bitcoin.
Bitcoin Price Hits New All-Time High
Bitcoin reached a new all-time high of $112,152 on Wednesday, before slightly retreating to $110,990, still up 2% in the last 24 hours, according to data from The Block. This price movement reflects strong investor confidence and market momentum fueled by ETF inflows.
Meanwhile, Ethereum ETFs are also gaining traction, with $211.32 million in net inflows recorded on the same day. Their total cumulative inflows have now reached $4.72 billion, signaling growing interest in Ethereum as an institutional-grade asset.
As the crypto market matures, the rise of regulated investment vehicles like spot ETFs is helping bring mainstream adoption and long-term credibility to digital assets.