BlackRock iShares Bitcoin Trust ETF (IBIT) has won the “Best New ETF” recognition and also took home the title of “Crypto ETP of the Year.”
Nate Geraci, President of the ETF Store, called attention to this development in a tweet. The scale and speed of the iShares Bitcoin Trust ETF’s asset accumulation set it apart within the Bitcoin ETF ecosystem.
Since its launch in January 2024, the fund has grown into a dominant player, reaching $50 billion in assets quicker than any predecessor.
‘Feels Right to Me’
Bloomberg ETF analyst Eric Balchunas said the ETF.com award outcome felt right to him. He noted that both the BlackRock Bitcoin ETF and the Vanguard S&P 500 ETF (VOO) achieved historic feats during the period.
Feels right to me. I’m pretty sure this is how I voted. Both of them did things no one has seen bf. https://t.co/UMnivxtDEV
— Eric Balchunas (@EricBalchunas) April 24, 2025
Notably, VOO earned the “ETF of the Year” award, highlighting a strong year for traditional and crypto-focused products. The VanEck Bitcoin ETF (HODL) has also been named the winner of the “Best New ETF Ticker” award.
Geraci, who previously labeled IBIT’s debut as “the greatest launch in ETF history,” earlier noted that the fund could surpass SPDR Gold Shares, at the time the largest gold ETF, provided Bitcoin prices remain stable.
Bloomberg ETF analyst James Seyffart also assessed IBIT’s rise in 2024. He described the trust’s asset growth as faster than any ETF in any asset class, including equity, fixed income, or commodity products.
Strong Weekly and Year-to-Date Inflows
As of this week, BlackRock’s IBIT continues to lead all spot Bitcoin ETFs in capital attraction. According to Bloomberg’s Eric Balchunas, the trust has logged $2.7 billion in year-to-date (YTD) inflows.
This figure significantly outpaces inflows into Grayscale’s BTC fund and Ark Invest’s ARKB, which reported YTD totals of over $380 million and $410 million, respectively. In contrast, Grayscale’s GBTC has seen $1.18 billion in outflows over the same period.
Weekly data reinforces IBIT’s leading position. For the most recent week, IBIT recorded over $800 million in net inflows. ARKB followed with $269.98 million, suggesting broad market engagement, though IBIT retained the top spot.
