IBIT Dominates US Bitcoin ETF Market with Over $63 Billion in Inflows

The US Bitcoin ETF market has been dominated by one fund, IBIT, which has collected over $63.9 billion in cumulative net inflows since its launch in January 2024.

This represents 115.2% of the category's net inflow, far exceeding the next largest fund, Grayscale's GBTC, which saw $27.6 billion in net outflows during the same period.

IBIT has been the main driver of growth for the US Bitcoin ETF market, accounting for 77.8% of the group's $3.6 billion inflows over a recent 14-day period.

The fund's success can be attributed to its large brand, deep trading, and broad access to conventional portfolios, making it an attractive option for institutional investors.