Bitcoin ETFs Just Had Their Biggest Day Since May—BlackRock Took 83% of It

JUST IN: US spot Bitcoin ETFs pulled in $606 million on Thursday, their biggest day since May, with BlackRock's IBIT taking 83% of the haul.

Six hundred and six million dollars into Bitcoin ETFs in a single day. That's Thursday's haul for the US spot funds, the biggest since the first of May, and the fourth day of inflows in a row.

Now look at who ate the meal. BlackRock's IBIT took five hundred and three million of it, roughly 83 percent of everything on the table, up from 55 percent the day before. This isn't a rising tide lifting all boats. VanEck's fund actually bled money on the same day the industry celebrated.

And the appetite spread. Ethereum funds added 221 million, XRP and Solana products picked up scraps too, every listed asset drew money. Wall Street isn't dipping a toe anymore, it's wading in with its trousers rolled up.

But hold the champagne for one detail. Eleven issuers split what BlackRock didn't want, and that was seventeen cents on the dollar. One firm is quietly becoming the Bitcoin market.

This is Sara White, reporting for HIT.