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Blackrock’s Bitcoin ETF draws record $1.1 billion single-day inflow

Blackrock’s Bitcoin ETF draws record $1.1 billion single-day inflow

Bitcoin ETFs see unprecedented growth as investors flock to Blackrock amid rising crypto valuations.

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by Diego Almada Lopez

BlackRock’s iShares Bitcoin Trust (IBIT) recorded $1.1 billion in inflows during a single trading session, marking the largest one-day inflow among US spot Bitcoin ETFs. The total inflows across all Bitcoin ETFs reached $1.37 billion during the session.

source: Farside Investors

BlackRock’s ETF dominated the day’s activity with $1.12 billion in inflows, while Fidelity’s Wise Origin Bitcoin Fund (FBTC) attracted $190.9 million during the same period.

The substantial ETF inflows coincided with Bitcoin’s price movement, which briefly reached $76,500 before settling around $75,700. The reported flows may reflect activity from the previous trading day due to T+1 reporting, explaining why BlackRock’s ETF showed negative flows in the prior session while other funds saw major inflows.

Since their launch in January 2024, US spot Bitcoin ETFs have accumulated billions in assets under management, with BlackRock’s IBIT emerging as the market leader.

Disclosure: This article was edited by Diego Almada Lopez. For more information on how we create and review content, see our Editorial Policy.
MARKETS

Blackrock’s Bitcoin ETF draws record $1.1 billion single-day inflow

Blackrock’s Bitcoin ETF draws record $1.1 billion single-day inflow

Bitcoin ETFs see unprecedented growth as investors flock to Blackrock amid rising crypto valuations.

by Diego Almada Lopez

Share

Add us on Google

BlackRock’s iShares Bitcoin Trust (IBIT) recorded $1.1 billion in inflows during a single trading session, marking the largest one-day inflow among US spot Bitcoin ETFs. The total inflows across all Bitcoin ETFs reached $1.37 billion during the session.

source: Farside Investors

BlackRock’s ETF dominated the day’s activity with $1.12 billion in inflows, while Fidelity’s Wise Origin Bitcoin Fund (FBTC) attracted $190.9 million during the same period.

The substantial ETF inflows coincided with Bitcoin’s price movement, which briefly reached $76,500 before settling around $75,700. The reported flows may reflect activity from the previous trading day due to T+1 reporting, explaining why BlackRock’s ETF showed negative flows in the prior session while other funds saw major inflows.

Since their launch in January 2024, US spot Bitcoin ETFs have accumulated billions in assets under management, with BlackRock’s IBIT emerging as the market leader.

Disclosure: This article was edited by Diego Almada Lopez. For more information on how we create and review content, see our Editorial Policy.