BlackRock Bitcoin ETF sees $906M inflows amid market repricing

BlackRock’s Bitcoin ETF attracted $906 million in inflows last week, while the Polymarket contract for Bitcoin reaching $80,000 in April sits at 36.5% YES.

The $80,000 price target dropped from 64% to 41.5% over the last 24 hours, likely a reaction to the latest ETF news. That’s a counterintuitive move: large inflows typically read as bullish, but traders may be interpreting ETF flows as a more reliable signal than geopolitical safe-haven behavior during the U.S.-Iran conflict, repricing shorter-term targets downward even as longer-term conviction holds.

Bitcoin is trading near $70,000-$75,000. The $150,000 target sits at 0% YES, with the market focused on nearer milestones.

USDC volume traded on Bitcoin price target contracts was $112,555 over the last day. The largest single-candle move was a 4-point drop, showing that large orders can still move prices even at this liquidity level. It takes $44,734 to move the $80,000 market 5 percentage points, which suggests reasonable depth for a prediction market.

At 42¢, a YES share for Bitcoin hitting $80,000 pays $1, a 2.38x return. That bet requires believing ETF inflows will continue at roughly this pace through April.

Watch for further ETF inflow announcements or large institutional purchases. BlackRock and Fidelity’s next moves could shift these odds materially.

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