Spot Bitcoin ETFs hit $109 billion AUM as institutional adoption accelerates globally
Quick Take Allocations from global players like Abu Dhabi’s Mubadala, Hong Kong’s Avenir, and Brown University’s endowment highlight Bitcoin’s growing acceptance among sovereign funds, asset managers, and even conservative academic institutions. The following is an excerpt from The Block’s Data and Insights newsletter.
Assets under management (AUM) in spot bitcoin exchange-traded funds (ETFs) have reached a record $109 billion, underscoring the growing role these vehicles play in expanding institutional access to digital assets.
Since their launch, spot Bitcoin ETFs have seen steady inflows, with BlackRock’s iShares Bitcoin Trust (IBIT) quickly emerging as the market leader. The milestone supports the long-standing view that regulatory-compliant structures could unlock significant capital from institutional investors who were previously hesitant to navigate the complexities of direct crypto custody.
On April 28, IBIT recorded its largest single-day inflow in three months, attracting $970 million. The surge highlights sustained institutional demand well beyond the initial hype phase, signaling that Bitcoin ETFs are maturing into core allocation tools rather than speculative instruments.
The growing diversity of allocators also points to a global shift in institutional acceptance. Hong Kong-based Avenir reports nearly $700 million in exposure, while Abu Dhabi’s sovereign wealth fund, Mubadala , has disclosed a $408.5 million allocation—an endorsement from a traditionally risk-averse investor. Even academic endowments are participating, with Brown University revealing a nearly $5 million position, modest in size but significant symbolically.
This is an excerpt from The Block's Data Insights newsletter . Dig into the numbers making up the industry's most thought-provoking trends.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Stablecoin Legislation Booms Globally, Why Is China Taking the Opposite Approach? An Article to Understand the Real National Strategic Choices
Amid the global surge in stablecoin legislation, China has chosen to firmly curb stablecoins and other virtual currencies, while accelerating the development of the digital yuan to safeguard national security and monetary sovereignty. Summary generated by Mars AI. This summary is produced by the Mars AI model and its accuracy and completeness are still being iteratively improved.
Liquidity migration begins! Japan becomes the Fed's "reservoir," 120 billions in carry trade returns set to ignite the December crypto market
The Federal Reserve has stopped quantitative tightening and may cut interest rates, while the Bank of Japan plans to raise rates, changing the global liquidity landscape and impacting carry trades and asset pricing. Summary generated by Mars AI. This summary is produced by the Mars AI model, and the accuracy and completeness of its content are still under iterative improvement.
Weekly Hot Picks: Bank of Japan Sends Strongest Rate Hike Signal! Is the Copper Market Entering a Supercycle Rehearsal?
The leading candidate for Federal Reserve Chair is being questioned for potentially "accommodative rate cuts." Copper prices have reached a historic high, and a five-hour meeting between the United States and Russia ended without results. Expectations for a Japanese interest rate hike in December have surged, and Moore Threads' stock soared more than fivefold on its first day... What market moves did you miss this week?
Monad Practical Guide: Welcome to a New Architecture and High-Performance Development Ecosystem
This article will introduce some resources to help you better understand Monad and start developing.
Trending news
MoreCrypto prices
More
