Spot Bitcoin ETFs Shatter Records: $770M Inflows Propel Assets Beyond $137B
Wall Street's crypto cash grab hits hyperdrive.
Bitcoin ETFs just vacuumed up another $770 million—pushing total assets under management to a staggering $137 billion. Who said institutional money was shy?
The floodgates are wide open
No more 'digital gold' whispers. This is a full-throated roar from traditional finance, complete with expense ratios and paperwork. The irony? These same institutions spent years dismissing Bitcoin as a scam.
Short sellers getting steamrolled
That $137 billion AUM milestone isn't just a number—it's a middle finger to every legacy finance exec who predicted ETF approvals would 'kill the crypto ethos.' Meanwhile, BlackRock's Bitcoin holdings now exceed MicroStrategy's.
Bonus jab: Nothing unites bankers like chasing 100x gains after a decade of calling it 'rat poison.'
Institutions Fuel the Bitcoin ETF Boom
Since the January 2024 launch of spot Bitcoin ETFs, institutional interest has exploded. Many investors, previously cautious about direct crypto ownership, now access Bitcoin via ETFs. This structure eliminates technical risks and simplifies accounting for advisors and funds.
According to Bloomberg’s Eric Balchunas, investment advisers hold nearly half of the $21 billion reported via 13F filings. Hedge funds hold another $6.9 billion worth of ETF shares. Brokerages and holding firms follow closely. These players manage BTC exposure for both retail and corporate clients.
Nice look at the breakdown of holders of the spot bitcoin ETFs via 13F filings. Advisor has surged up the list now #1 by a mile. These 13F filers make up 20% of total assets, but IMO that is likely to rise to 35-40% as more adoption comes (esp from wirehouses) via @JSeyff pic.twitter.com/JgxM4zmaex
— Eric Balchunas (@EricBalchunas) June 4, 2025Low Fees Drive Inflows, High Costs Drive Outflows
ARK 21Shares’ ARKB posted $114.25 million in daily inflows, while Bitwise, VanEck, and Franklin saw healthy gains. Meanwhile, Grayscale’s GBTC failed to attract new funds. It now shows a -$23.33 billion cumulative outflow, likely driven by its high 1.50% fee.
Even with slight price dips between -0.18% and -0.56%, investors are still holding. The inflows and trading volumes keep climbing, which shows there’s a solid institutional interest in Bitcoin through ETFs.
Also Read: Bitcoin ETFs Pull $9B Inflows, Outpace Gold: Schiff Silent?