A year ago, the US Securities and Exchange Commission (SEC) announced the approval of bitcoin spot ETFs in what would be a landmark move for institutional adoption of cryptocurrencies.
In no uncertain terms, these exchange-traded products have exceeded market expectations in terms of demand and performance, becoming a major influence on the trajectory of bitcoin's price.
Impact and Success of bitcoin Spot ETFs
in a <a target="_blank" href="https://x.com/EleanorTerrett/status/1877785172478718328″ target=”_blank” rel=”noopener nofollow”>publish in x, Fox reporter Eleanor Terrett highlighted multiple achievements of bitcoin spot ETFs in their first year of trading. After months of extensive dialogue and discussions in the second half of 2023, the SEC finally authorized 11 bitcoin spot ETFs on January 10, 2024 for trading on various US stock exchanges.
This development generated a lot of excitement in the digital asset industry, as these spot ETFs, which promised institutional investment and regulatory clarity, were seen as a key step in legitimizing cryptocurrencies in the financial sector. Of the licensed bitcoin ETFs, Eleanor Terrett shared that four, namely BlackRock's IBIT, Fidelity's FBTC, ArkInvest's ARKB, and Bitwise's BITB, are now among the top 20 performing US ETF launches of all times.
This achievement is further clarified by the overall performance of all bitcoin spot ETFs, which recorded assets under management of $129.25 billion in December, surpassing gold ETF AUM of $128.88 billion. . To emphasize this amazing performance, it is worth noting that gold ETFs have been around for 20 years.
Additionally, bitcoin Spot ETFs have so far accumulated over 1 million btc, and more than bitcoin creator Satoshi Nakamoto.
Finally, Terrett highlights how these bitcoin ETFs have fostered greater acceptance of the leading cryptocurrency, citing the emergence of BlackRock as one of the top four bitcoin holders, just eight years after the company's CEO, Larry Fink, referred to the asset as a “money index.” money laundering.”
bitcoin Spot ETFs Maintain Positive Streak In 2025
With the close of the second trading week of 2025, <a target="_blank" href="https://sosovalue.com/assets/etf/us-btc-spot” target=”_blank” rel=”noopener nofollow”>SoSoValue data reveals that bitcoin spot ETFs maintained strong performance, generating total net inflows of $307.20 million.
Once again, BlackRock's IBIT emerged as the biggest winner by recording $479.58 million in inflows, while its total cumulative net flows rose to $37.67 billion. Together, the bitcoin Spot ETFs now control 5.74% of bitcoin's market capitalization as their influence over the leading cryptocurrency strengthens.
At press time, bitcoin is trading at $94,510, reflecting a minor gain of 0.50% over the past week. Meanwhile, the coin's trading volume dropped by 69.49% and is valued at $18.69 billion.
Featured image from Fortune, Tradingview chart
