One year ago, the US Securities and Exchange Commission (SEC) announced the approval of Bitcoin Spot ETFs in what would be a historic move for institutional adoption in cryptocurrency.
In no equivocal terms, these exchange-traded products have superseded market expectations in terms of demand and performance becoming a major influence over Bitcoin’s price trajectory.
Impact And Success Of Bitcoin Spot ETFs
In a post on X, Fox reporter Eleanor Terrett highlighted multiple achievements of the Bitcoin Spot ETFs in their debut year of trading. Following months of extensive dialogue and discussions in the latter half of 2023, the SEC finally cleared 11 Bitcoin Spot ETFs on January 10, 2024 for trading on several US stock exchanges.
This development sparked much excitement in the digital asset industry as these spot ETFs, which promised institutional investment and regulatory clarity, were viewed a key step in legitimization of cryptocurrency in the financial sector. Of the authorized Bitcoin ETFs, Eleanor Terrett shared that four, namely, BlackRock’s IBIT, Fidelity’s FBTC, ArkInvest’s ARKB, and Bitwise’s BITB now rank in the top 20 performing US ETF launches of all time.
This achievement is further elucidated in the general performance of all Bitcoin Spot ETFs which recorded asset under management of $129.25 billion in December surpassing the Gold ETF AUM of $128.88 billion. In emphasis of this astounding performance, it is worth noting that the Gold ETFs have been in existence for 20 years.
Furthermore, the Bitcoin Spot ETFs have so far accumulated over 1 million BTC, and more than Bitcoin creator Satoshi Nakamoto.
Finally, Terrett underscores how these Bitcoin ETFs have fostered increased acceptance of the leading cryptocurrency, citing BlackRock’s emergence as one of the top four Bitcoin holders—just eight years after the company’s CEO, Larry Fink, referred to the asset as an “index of money laundering.”
Bitcoin Spot ETFs Retain Positive 2025 Streak
With the close of the second trading week of 2025, data from SoSoValue reveals that Bitcoin Spot ETFs maintained strong performance, generating total net inflows of $307.20 million.
Once again, BlackRock’s IBIT emerged as the largest gainer registering $479.58 million in inflows as its total cumulative net flows rose to $37.67 billion. Together, the Bitcoin Spot ETFs now control 5.74% of Bitcoin’s market cap as their influence over the premier cryptocurrency grows stronger.
At press time, Bitcoin trades at $94,510 reflecting a minor gain of 0.50% in the past week. Meanwhile, the coin’s trading volume is down by 69.49% and valued at $18.69 billion.
Featured image from Fortune, chart from Tradingview
