The United States spot Bitcoin (BTC) exchange-traded funds (ETFs) have hit a significant milestone, attracting over $1 billion in net inflows for the first time on March 12.

Investments in spot Bitcoin ETFs are on the rise, with daily inflows surpassing $11.1 billion in the last 13 days. March 12 saw a record daily inflow of $1.045 billion, with BlackRock’s iShares Bitcoin ETF (IBIT) leading the way.

IBIT accounted for $849 million of the inflows, while other ETFs like ARK 21Shares Bitcoin ETF (ARK), VanEck Bitcoin Trust ETF (HOLD), and Fidelity Advantage Bitcoin ETF (FBTC) also saw significant contributions.

The massive inflows into Bitcoin ETFs have contributed to a daily influx of capital stored on the Bitcoin network, surpassing $2 billion per day.

In addition, the market price of Bitcoin has reached a new high of $73,000.

Among the approved Bitcoin ETFs in the U.S., Franklin Bitcoin ETF (EZBC) had the lowest inflows at $148 million, while IBIT leads with $11.4 billion. The Grayscale Bitcoin Trust (GBTC) has seen a decrease in net inflows on a daily basis, shedding $11.1 billion over the past 13 days.

Grayscale’s GBTC has fallen below 50% market share for the first time since spot Bitcoin ETFs started trading in the U.S. on Jan. 11.

Consistent daily outflows from the GBTC have contributed to its declining market share, with average outflows of $329 million per day last week.

Overall, the surge in Bitcoin ETF investments and daily inflows signal a growing interest in cryptocurrency investments and the potential for further market growth.

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