Bitcoin ETFs Are Booming as BlackRock Shatters Records
Demand for Bitcoin and Ethereum exchange-traded funds (ETFs) is making other recent ETF launches look small by comparison.
Mat Di Salvo
By Mat Di Salvo
Oct 26, 2024
3 min read
Bitcoin ETFs. Image: Shutterstock
Bitcoin ETFs. Image: Shutterstock

In case it wasn’t already obvious, Bitcoin exchange traded-funds (ETFs) are hot—with demand for the products smashing all expectations. 

Data from Bloomberg shows that of the 575 ETFs launched this year, 14 of the top 30 products have been either new Bitcoin or Ethereum funds, with the top four spots owned by Bitcoin funds.

And in the past four years, of the 1,800 ETFs that started trading during that span, BlackRock’s iShares Bitcoin Trust is the biggest by far in terms of inflows, the data shows