BlackRock’s iShares Bitcoin Trust (IBIT) has secured the third-highest year-to-date inflows among US ETFs in 2024, attracting $26.174 billion. With a year-to-date return of 48.52% and assets under management reaching $30.1 billion, IBIT has outperformed many traditional ETFs in both inflows and performance.
Further, IBIT’s YTD return is almost double the next highest from any of the other top 10 ETFs by fund flow. However, IBIT’s total AUM is more than ten times smaller than the other top four funds.
Symbol
Fund Name
Fund Flows (YTD)
NAV Total Return (YTD)
AUM
VOO
Vanguard S&P 500 ETF
88.168 B USD
+25.69%
562.998 B USD
IVV
iShares Core S&P 500 ETF
57.539 B USD
+25.69%
547.201 B USD
IBIT
iShares Bitcoin Trust
26.174 B USD
+48.52%
30.1 B USD
VTI
Vanguard Total Stock Market ETF
22.825 B USD
+24.86%
456.167 B USD
AGG
iShares Core US Aggregate Bond ETF
18.713 B USD
+1.41%
119.176 B USD
QQQ
Invesco QQQ Trust, Series 1
17.753 B USD
+24.09%
296.249 B USD
SPLG
SPDR Portfolio S&P 500 ETF
16.644 B USD
+25.67%
49.383 B USD
BND
Vanguard Total Bond Market ETF
14.507 B USD
+1.40%
117.433 B USD
CSTNL
iShares VII PLC
13.149 B USD
+25.45%
98.25 B USD
VUG
Vanguard Growth ETF
12.848 B USD
+29.14%
148.824 B USD
Top US ETFs Fund Flows (Source: Trading View)
Yesterday, Nov. 7, in a single day, IBIT experienced an inflow of $1.1 billion, surpassing the annual flows of all but the top 150 ETFs in the United States. This significant influx exceeds the total year-to-date flows of the majority of the approximately 3,300 ETFs available in the US market.
Symbol
Fund Name
Fund Flows (YTD)
IYW
iShares US Technology ETF
1.113 B USD
QLTY
The 2023 ETF Series Trust II GMO US Quality ETF
1.113 B USD
SQQQ
ProShares UltraPro Short QQQ
1.111 B USD
DFLV
Dimensional US Large Cap Value ETF
1.102 B USD
CGDG
Capital Group Dividend Growers ETF
1.09 B USD
DIHP
Dimensional International High Profitability ETF
1.083 B USD
AIRR
First Trust RBA American Industrial Renaissance ETF
1.08 B USD
VVSMF
VANECK UCITS ETFS PLC SEMICONDUCTOR UCITS ETF A USD
1.076 B USD
DFAS
Dimensional U.S. Small Cap ETF
1.075 B USD
US ETF YTD inflows matching IBIT daily inflow (Source: Trading View)
The substantial inflows into IBIT emphasize the outsized investor interest in Bitcoin-based financial products. The ETF’s performance reflects a broader trend of increasing acceptance and integration of digital assets within mainstream investment portfolios.
Other top ETFs by inflows include Vanguard S&P 500 ETF (VOO) with $88.168 billion and iShares Core S&P 500 ETF (IVV) with $57.539 billion in year-to-date flows. These funds have year-to-date returns of 25.69%, highlighting the strong performance of equity markets alongside the remarkable gains in digital assets.
IBIT’s ascent in the ETF rankings indicates a shift in investor sentiment, signaling potential long-term implications for the asset management industry. The ETF’s success may encourage more firms to launch Bitcoin-focused products, further integrating digital assets into traditional financial markets.
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