In 2024, BlackRock’s iShares Bitcoin Trust attracted over 37 billion USD in net inflows, far exceeding the 12 billion USD drawn by Fidelity’s Wise Origin Bitcoin Fund, marking a significant gain for BlackRock’s market position.
BlackRock’s iShares Ethereum Trust recorded substantial inflows of 3.5 billion USD, outperforming Fidelity’s Ethereum Fund, which only gained 1.5 billion USD, showcasing robust investor interest in Ethereum alongside Bitcoin.
US Bitcoin ETFs achieved collective inflows of over 35 billion USD in 2024, with a notable increase in investor confidence in cryptocurrencies, contrasting with Grayscale Bitcoin Trust’s staggering 20 billion USD in outflows.