Explore professionally built ETF model portfolios. Discover now →
Could Crypto be Making a Comeback?
Nearly a billion dollars poured into IBIT in a single day — a bold vote of confidence as Bitcoin steps into the safe haven spotlight.
Keep up with what matters in ETFs
Get timely ETF insights, market trends, and top ideas straight to your inbox.
Your newsletter subscriptions with us are subject to ETF Central's Privacy Policy and Terms and Conditions.
On April 29, 2025, IBIT recorded its second-largest daily inflow ever, attracting $977 million according to ETF Central data. This pushed its total assets under management (AUM) past $58 billion as of May 2, 2025, making IBIT the 30th largest ETF by AUM.
Breaking the coveted $1B daily inflow occurred only once in IBIT’s history on November 8th, 2024.
Since the 2nd largest inflow day, IBIT has risen more than 2% while BlackRock’s Gold ETF (IAU) fell -3.5% during the same period.
A few days later on April 30, 2025 the North Carolina House of Representatives passed House Bill 92, known as the "Digital Assets Investments Act." This legislation authorizes the state treasurer to allocate a certain amount of state funds into digital assets, including cryptocurrencies like Bitcoin and Ethereum through ETFs. The bill aims to diversify the state's investment portfolio.
Bitcoin has started to decouple from the market, even acting as a hedge from the overall tumultuous broader market which may be appealing for state treasurers. The S&P 500 fell -0.8% while IBIT was up over 14% for the month of April showing signs that investor sentiment suggests a shift towards viewing Bitcoin as a safe haven asset.
Get data on 14,000+ ETFs
Access Trackinsight's reliable and comprehensive data with 500M+ points on 14,000+ ETFs.
About the Author
Eric Pan has nearly a decade of experience across institutional, retail, and crypto finance, with roles at State Street, Sculptor Capital Management, Betterment, and leading digital asset custodians Anchorage Digital and BitGo. Now a finance content creator, he draws on his traditional finance roots and crypto expertise to help demystify markets, investing, and digital assets for a broader audience. A native New Yorker, Eric brings a grounded, insider perspective to the evolving world of finance.
Disclaimer
Please note that this article reflects the author's personal views and does not represent the opinions of the publication or its affiliates. It is for informational purposes only and does not constitute investment advice. It is essential to seek guidance from a registered financial professional before making any investment decisions.
Latest ETF News
See all ETF newsAt What Point Does an ETF Become the Market?
Rescheduling Is Real: What the DOJ’s Cannabis Order Means for MSOS Investors and the Broader Sector
Is high yield high risk?
Advantages of ETFs over Mutual Funds1/6
Lower Costs
In this guide, we'll explore the advantages of ETFs over mutual funds, giving you valuable insights into why ETFs have gained significant popularity among investors like yourself.
Leveraged ETFs: Unlocking the Potential for Amplified Returns1/6
Understanding Leveraged ETFs
Explore leveraged ETFs: potential for amplified returns & risks. 5 ETFs to consider across equities, commodities & fixed income.
What is a Leveraged ETF?1/6
Introducing Leveraged and Inverse ETFs
In this guide, we'll dive into the world of leveraged ETFs, exploring their definition, mechanics, potential risks, and rewards.
Recent educational content
What’sTheFund
What's the Fund | State Street SPDR IG Public & Private Credit ETF (Ticker: PRIV)
Matthew Bartolini, Global Head of Research Strategists, at State Street Investment Management, joins Ethan Hertzfeld on the New York Stock Exchange Floor to discuss PRIV, the State Street SPDR IG Public & Private Credit ETF.
ETF Trends
ETF Industry KPIs April 27, 2026
The ETF Industry saw 23 New Launches, 1 Ticker Change and 4 closures last week.
Asset TV
The ETF Show - Investors Can Fight Healthcare Inflation with Newly Launched ETFs
Adam Schenck, Principal and Managing Director of Fund Services at Milliman joined The ETF Show to discuss Milliman's first ETFs designed to hedge against rising healthcare inflation.
ETF Trends
ETF Industry KPIs April 20, 2026
The ETF Industry saw 14 New Launches, 1 Ticker Change and 16 closures last week.
Browse all educational columns
Expert-Built ETF Portfolios, All in One Place
Don’t start from scratch. Discover ready-made ETF portfolios built by professionals to match different goals, timelines, and market views. Use them as inspiration or as a starting point for your own allocation.
