Bitcoin ETFs are experiencing significant growth, with total inflows surpassing $50 billion, outpacing traditional funds.
BlackRock's iShares Bitcoin Trust (IBIT) leads the way with $53 billion in inflows, surpassing even the firm's S&P 500 ETF.
IBIT has over 700,000 BTC in holdings, representing more than half of all assets in spot Bitcoin ETFs.
Bitcoin accounts for 83% of all inflows into digital asset investment products this year, according to CoinShares, showing its dominance in the institutional narrative.