BlackRock’s iShares Bitcoin ETF (IBIT) has been awarded the title of “Best New ETF” at the annual etf.com ETF awards, as it garnered significant inflows since Jan. 21. The ETF received accolades on April 23, with Bloomberg ETF analyst Eric Balchunas expressing his approval. IBIT experienced its highest inflows in three months, reaching $643.2 million on the same day it was recognized. This marked the highest inflow day since Jan. 21, when it saw $661.9 million in inflows. Vivek and Thomas Fahrer lauded the achievement, calling it massive and highlighting the substantial inflow. The IBIT fund, launched in January 2024, has net assets of about $53.77 billion and an average daily trading volume of 45.02 million shares. At the time of reporting, a single IBIT share is trading at $53.20. Additionally, IBIT was named the Crypto ETP of the year for its outstanding performance. The ETF’s success on April 23 contributed significantly to the $917 million in inflows across all 11 spot Bitcoin ETFs. This surge came after several outflow days due to macroeconomic uncertainties. Glassnode reported that the $912 million ETF inflows the previous day were more than 500 times the 2025 daily average. In related news, VanEck Bitcoin ETF (HODL) was honored with the title of “Best new ETF ticker.” This development underscores the growing popularity and success of Bitcoin ETFs in the Indian market.