BlackRock’s Bitcoin ETF Sets New Record as Meme-Coin Funds Seek Approval

This surge highlights growing institutional confidence as investors flock to secure, regulated exposure to Bitcoin. In May alone, IBIT attracted $6.2 billion in net inflows, marking its strongest month since inception and signaling sustained demand.

Meanwhile, the crypto sector is witnessing a secondary wave of ETF enthusiasm: asset managers are now filing for meme‑coin and alternative token ETFs, including those tracking Dogecoin, Shiba Inu, and other popular coins. These proposals aim to capture the post‑Bitcoin ETF fervor by offering packaged exposure to widely recognized meme tokens.

As BlackRock's IBIT continues to draw record inflows, its success could pave the way for broader acceptance of crypto ETFs—extending beyond Bitcoin into more speculative coin categories.

Key Highlights:

• Rapid Growth: IBIT reached $70 billion in record time—341 days.
• Massive Inflows: May saw a record $6.2 billion inflow into IBIT.
• ETF Market Expansion: Meme‑coin funds are now lining up for approval.

Why it Matters:

BlackRock's dominance validates Bitcoin ETFs as a mainstream investment tool. With meme‑coin and alt‑token funds following suit, regulated crypto investment options are beginning to diversify—offering new ways for institutional and retail investors to gain exposure.