BlackRock's iShares Bitcoin Trust (IBIT) secured the third-highest year-to-date inflows among U.S. ETFs in 2024, attracting $26.174 billion. With a year-to-date return of 48.52% and $30.1 billion in assets under management, IBIT has outperformed many traditional ETFs in both inflows and performance.
Additionally, IBIT's year-to-date return is nearly double the next highest of the other top 10 ETFs by capital flows. However, IBIT's total assets under management are more than a tenth smaller than the other top four funds.
Symbol Fund Name Fund Flow (Year-to-date) NAV Total Return (Year-to-date) AUMVOO Vanguard S&P 500 ETF88.168 B USD+25.69%562.998 B USDIVViShares Core S&P 500 ETF57.539 B USD+25.69%547.201 B USDIBITiShares Bitcoin Trust26.174 B USD+ 48.52%30.1 B USDVTIVanguard Total Stock Market ETF22.825 B USD+24.86%456.167 B USDAGGiShares Core US Aggregate Bond ETF18.713 B USD+1.41%119.176 B USDQQQInvesco QQQ Trust, Series 117.753 B USD+24.09%296.249 B USDSPLGSP DR Portfolio S&P 500 ETF16.644 B USD+25.67%49.383 B USDBNDVanguard Total Bond Market ETF14.507 B USD+1.40%117.433 B USDCSTNLiShares VII PLC13.149 B USD+25.45%98.25 B USDVUGVanguard Growth ETF12.848 B USD+29.14%148.824 B USD
Fund flow of top US ETFs (Source: Trading View)
Yesterday, Nov. 7, IBIT had $1.1 billion in one-day inflows, more than the annual inflows of all but the top 150 U.S. ETFs. This significant inflow exceeds the year-to-date total inflows of most of the approximately 3,300 ETFs available in the U.S. market.
Symbol Fund Name Fund Flow (Year-to-date)IYWiShares US Technology ETF1.113 B USDQLTY2023 ETF Series Trust II GMO US Quality ETF1.113 B USDSQQQProShares UltraPro Short QQQ1.111 B USDDFLV Dimension US Large Cap Value ETF1.102 B USDCGDG Capital Group Dividend Growers ETF1.09 B USDDIHP Dimensional International High Yield ETF1.083 B USDAIRRFirst Trust RBA American Industrial Renaissance ETF1.08 B USDVVSMFVANECK UCITS ETFS PLC SEMICONDUCTOR UCITS ETF A USD1.076 B USDDFAS Dimensional US Small Cap ETF1 .075 B USD
US ETF inflows since the beginning of the year match IBIT daily inflows (Source: Trading View)
The large inflows into IBIT highlight the high level of investor interest in Bitcoin-based financial products. The performance of ETFs reflects the broader trend of increasing acceptance and integration of digital assets within mainstream investment portfolios.
Other top ETFs with 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 inflows. These funds have returned 25.69% year-to-date, highlighting the strong performance of the stock market along with impressive gains in digital assets.
IBIT's rise in the ETF rankings signals a shift in investor sentiment and suggests a possible long-term impact on the asset management industry. The success of ETFs could prompt more companies to launch Bitcoin-focused products and further integrate digital assets into traditional financial markets.
