Spot BTC ETF Cumulative Inflows metric

Metric · PageRank 0.0030

Overview

Spot bitcoin ETF flows measure the net creations minus redemptions across the US exchange-traded funds that hold bitcoin directly, and are widely used as a proxy for institutional and brokerage-channel demand. The first US spot bitcoin ETFs began trading in January 2024, after court rulings compelled the SEC to reconsider its earlier denials — most notably Grayscale's win at the U.S. Court of Appeals for the D.C. Circuit on 29 August 2023. BlackRock's iShares Bitcoin Trust (IBIT) launched in that first cohort and by May 2024 had become the world's largest bitcoin fund, with nearly $20 billion in assets. Flow data is reported per issuer on a daily basis and is aggregated by trackers such as Farside, SoSoValue and CoinGlass.

Within the DeFi Intel graph, Spot BTC ETF Cumulative Inflows connects to 4 tracked entities, most strongly to Bitcoin Price ATH, Bitcoin $100K Milestone, Glassnode.

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 4 of 4 total).

Frequently asked questions

When did US spot bitcoin ETFs start trading?

In January 2024, following legal cases that forced the SEC to reconsider its refusal to approve funds holding spot bitcoin.

What legal ruling paved the way?

Grayscale won its challenge to the SEC's denial of a GBTC conversion at the U.S. Court of Appeals for the D.C. Circuit on 29 August 2023.

Which fund attracted the most assets early on?

BlackRock's iShares Bitcoin Trust (IBIT), which launched in January 2024 and by May 2024 was the world's largest bitcoin fund with nearly $20 billion in assets.