Spot Bitcoin ETFs Exceed $50B as Institutional Inflows Accelerate

Just 18 months after their January 2024 debut, spot Bitcoin ETFs have surpassed $50 billion in net inflows, marking a historic milestone for institutional crypto investment. On July 9 alone, spot ETFs brought in $218 million, with a 5-day streak totaling $1.52 billion in inflows.

Leading the pack is BlackRock’s iShares Bitcoin Trust (IBIT), which holds over 700,000 BTC and has attracted $53 billion in assets. The fund is now BlackRock’s third-largest ETF by revenue. Meanwhile, Grayscale’s GBTC continues to see outflows, down $23.34 billion since its ETF conversion.

Eyes are now on altcoins. Bloomberg analysts say there’s a 95% chance that Solana, XRP, and Litecoin spot ETFs will get SEC approval this year. Ethereum is also gaining traction—its ETFs brought in $211 million in a single day and are nearing $5 billion in total net inflows.

Analysts note that this is not a retail-driven hype wave. It’s institutional: asset managers, corporate treasuries, and wealth platforms are moving in. The consistent inflows across April, May, and June confirm long-term adoption. Trump’s monetary policy stance and delayed tariffs are also creating favorable conditions for crypto markets.

Meanwhile, corporations are buying Bitcoin for their balance sheets. Japan’s Metaplanet added $237 million in BTC, while UK and French firms made multi-million-dollar purchases. Bitcoin just hit an all-time high of $112,000, and Ethereum surged 6.6% to $2,778—poised for a breakout above $3,000.