Yesterday was yet another day of record inflows for the recently approved bitcoin exchange-traded funds in the United States.

On March 12, net bitcoin ETF inflows hit over $1 billion, according to data from BitMEX Research.

At the same time, Blackrock's IBIT product — which, earlier this week, crossed 200,000 BTC in assets under management — saw a record $849 million inflow.

In bitcoin terms, it was a record 14,706 BTC inflow.

Total net bitcoin ETF inflows since Jan. 11, 2024 reached $4.1 billion.

As of yesterday, spot bitcoin ETFs now hold upward of 90% of the daily trading volume market share for ETFs offering bitcoin exposure — an all-time high. Bitcoin futures ETFs, meanwhile, now claim just 10% of the market share.

“To see more than $1 billion of net inflows, a new …