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Investors have poured over $1 billion into BlackRock’s spot Bitcoin ETF, marking a significant milestone since its launch in January.

The world’s largest asset manager saw its Bitcoin exchange-traded fund (ETF) amass $1.1 billion in inflows on November 7, as Bitcoin surged to an all-time high of $76,943.

BlackRock's ETF, known as IBIT, experienced a record trading day, recovering from two consecutive days of outflows totaling $113.3 million, as reported by Farside.

This inflow represented nearly 82% of the $1.34 billion total inflows across all 11 U.S.-listed spot Bitcoin ETFs for the day.

The Fidelity Wise Origin Bitcoin Fund followed with $190.9 million in inflows, while the ARK 21Shares Bitcoin ETF (ARKB) received $17.6 million.

Crypto traders and financial analysts anticipate further significant inflows. The Bitcoin Therapist told their X followers to "expect another massive day tomorrow."

Meanwhile, financial analyst Rajat Soni advised his X followers to "buckle up."

Bloomberg ETF analyst Eric Balchunas expressed his surprise at the scale of the inflows, noting that despite expecting a large number, the actual figures exceeded expectations.

Balchunas highlighted that on November 6, following Donald Trump's election victory, the IBIT Bitcoin ETF saw almost $1.1 billion in trading volume within the first 20 minutes of market opening.

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