Weekly crypto asset flow and AUM from BlackRock's iShares Bitcoin Trust 2024

Investors put over 14 billion dollars' worth of investments into BlackRock’s Bitcoin ETF since its creation in early 2024. This is according to a weekly ranking on how many investments come into the crypto market, which has been collected by Statista. The iShares Bitcoin Trust or IBIT has been making head waves in the digital assets market as it comes from the world's largest fund manager, BlackRock. IBIT and nine spot bitcoin ETFs were approved by the Securities and Exchange Commission on January 11, 2024, and since then, gained significant investment inflow. This was not the case for all Bitcoin ETFs. Grayscale's Bitcoin Trust ETF (GBTC) only saw investors take money away since January. This may be due to a bankruptcy settlement of Genesis - who had invested into Grayscale - but also to investors looking for cheaper ETF options.