$442M Floods Into Bitcoin ETFs as IBIT Dominates – Wall Street Finally Wakes Up to Crypto

Institutional money is pouring into Bitcoin at a staggering pace. April 24 saw $442 million in ETF inflows—with BlackRock’s IBIT leading the charge—as traditional finance scrambles to catch the crypto wave.

The real surprise? How long it took these suits to realize digital gold was more than just ’nerd money.’ Now they’re buying the dip like retail traders during a bull run—only with bigger briefcases and worse timing.

This isn’t just demand—it’s FOMO dressed in a three-piece suit. And it’s fueling BTC’s latest rally past resistance levels that would make a technical analyst blush.

Michael Saylor and Nate Geraci on IBIT’s success

Riding this wave of optimism, MicroStrategy co-founder Michael Saylor has made a bold forecast, predicting that IBIT could outpace every other ETF to become the world’s largest within a decade.

While such a claim might sound ambitious in a market still dominated by S&P 500 titans, it’s emblematic of Saylor’s long-standing conviction in Bitcoin’s ascent.

Echoing similar sentiments, ETF Store President Nate Geraci noted, 

Source: Nate Geraci/X

BlackRock’s IBIT success so far

While BlackRock’s IBIT is still far from matching the scale of ETF giants like Vanguard’s VOO, which boasts over $573 billion in assets, its rapid ascent is hard to ignore.

SPY and IVV remain comfortably above the $500 billion mark, but IBIT is gaining traction fast, with BlackRock now holding more than 582,000 BTC, valued at over $54.2 billion.

This positions it just outside the top 35 ETFs by AUM, yet it’s already generating daily trading volumes exceeding 45 million shares.

In a space where Bitcoin was once barely acknowledged by institutions, this surge signals a transformative shift.

Adding to the momentum, U.S. spot BTC ETFs collectively saw a net inflow of 11,898 BTC in a single day, the highest since the 11th of November 2024.

While Saylor’s bold predictions of Bitcoin reaching $13 million per coin may seem far-fetched, his history of early, unwavering conviction gives such statements unusual weight.

After a period of muted flows, the recent spike in institutional Bitcoin activity signals a decisive shift in sentiment.

Daily inflows that once averaged just 23 BTC in 2025 have now surged dramatically, reflecting renewed confidence from large-scale investors.

This revival is vividly illustrated by Glassnode’s charts, where bold green bars have replaced the prior red streak, marking a clear break from the stagnation.

BTC price action

The resulting uptick in demand has fueled Bitcoin’s price momentum, with BTC climbing to $93,734.12, up 10.86% over the past week.

Such data underscores a strong institutional return, likely laying the groundwork for Bitcoin’s next major leg upward.