According to Farside Investors data, US investors put close to $32 billion into US crypto exchange-traded funds in 2025 even as markets lost steam late in the year.
Spot Bitcoin ETFs drew the biggest share, with $21.4 billion in net inflows. That is smaller than the $35 billion that poured into Bitcoin ETFs in 2024.
Blackrock Dominates Flows
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BlackRock’s iShares Bitcoin Trust ETF, IBIT, accounted for most of the activity. Reports show IBIT took in about $24.7 billion. That makes its inflows roughly five times larger than the nearest rival, Fidelity’s FBTC.
Market watchers noted
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