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BlackRock’s Bitcoin Fund Wins Best New ETF Award

BlackRock’s iShares Bitcoin Trust (IBIT) was named “Best New ETF” at the etf.com Awards on April 23rd, the same day it saw $643.2 million in inflows, its highest since Jan 21st.

ETF Of The Year

Bloomberg’s Eric Balchunas supported the win, saying both IBIT and Vanguard’s S&P 500 ETF (VOO), which won “ETF of the Year”, broke new ground. VOO is up 89% over five years, per Google Finance.

 

Source: Google Finance

 

IBIT launched in January 2024 alongside 10 other U.S. spot Bitcoin ETFs. It now holds $53.77 billion in assets, trading an average of 45 million shares daily.

 

500x Increase

April 23’s ETF inflows topped $917 million across all 11 funds, though IBIT led the way. Meanwhile, VanEck’s HODL ETF won “Best New ETF Ticker.”

Glassnode noted inflows on April 22nd were a whopping 500x higher than 2025’s projected daily average.

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