BlackRock's IBIT nears $100 billion after strong surge in Bitcoin ETFs

• Bitcoin ETFs see $1,21 billion in inflows
• BlackRock's IBIT totals nearly $100 billion in AUM
• Bitcoin Rally Remains Solid with Strong Institutional Demand

US spot Bitcoin ETFs recorded their second-largest daily inflow in history, attracting $1,21 billion in new inflows on Monday, coinciding with the cryptocurrency's new all-time high of over $126.

The highlight was BlackRock's IBIT fund, which alone raised US$970 million in contributions, solidifying its position as the leading institutional vehicle for Bitcoin exposure. Fidelity's FBTC received US$112,3 million, followed by Bitwise's BITB with US$60,1 million and Grayscale's product, which accounted for US$30,6 million.

This data represents the highest volume since November 2024, when a record $1,37 billion was reached shortly after the election of current US President Donald Trump, who maintains a pro-crypto market stance. Total trading volume also increased significantly, with IBIT accounting for $4,9 billion of the $6,5 billion traded that day.

$IBIT a hair away from $100 billion, is now the most profitable ETF for BlackRock by a good amount now based on current increase. Check out the ages of the rest of the Top 10. Absurd. pic.twitter.com/E8ZMI2wynx

— Eric Balchunas (@EricBalchunas) October 6, 2025

The BlackRock fund's performance continues to surprise the industry. According to analysts, IBIT is poised to become the fastest ETF to reach the $100 billion mark in assets under management (AUM). In just 435 days since its launch, the fund has outperformed the manager's historical products, including ETFs tied to the S&P 500 and gold.

As of October 3, IBIT held 783.767 BTC. With the additional inflow of approximately 7.860 BTC this Monday, the total rose to approximately 791.628 BTC, valued at nearly $100 billion. Since January 2024, spot Bitcoin ETFs have already totaled over $61,5 billion in inflows and collectively manage nearly $170 billion in assets.

BRN's head of research highlighted that Bitcoin's current appreciation is "structurally sound," supported by "reduced leverage, real demand, and cleaner positioning." He also noted that a brief consolidation between $123 and $126 would be healthy before further highs, potentially taking the asset to levels between $130 and $135.