FacebookTwitterLinkedInTelegramCopy LinkEmail
Bitcoin

BlackRock’s IBIT Logs $643M Inflow, Leading $916.9M Bitcoin ETF Surge

BlackRock’s IBIT Logs $643M Inflow, Leading $916.9M Bitcoin ETF Surge

Bitcoin exchange-traded funds (ETFs) in the U.S. saw another day of strong inflows on Wednesday

The wave was led by BlackRock’s iShares Bitcoin Trust (IBIT), which recorded $643.2 million in net inflows — its largest single-day total since the end of January.

The surge brought the total daily net inflows across all spot Bitcoin ETFs to $917 million, nearly matching Tuesday’s $936.4 million.

This marks the fourth consecutive day of inflows, with over $2 billion entering the market in just four days — more than double the $1 billion pulled in during a 10-day streak back in March.

Institutional Appetite Grows

Other notable contributors to Wednesday’s rally included ARK & 21Shares’ ARKB with $129.5 million, and Fidelity’s FBTC, which saw $124.4 million. Smaller inflows were also reported from Grayscale’s Mini Bitcoin Trust and VanEck’s HODL.

Meanwhile, Bitwise’s BITB bucked the trend with $15 million in outflows, the only fund to post red on the day.

The renewed momentum signals growing institutional confidence in Bitcoin’s investment case, particularly as macroeconomic uncertainty and rising interest in crypto continue to attract capital.

Author
Kosta Gushterov

Reporter at Coindoo

Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.

Learn more about crypto and blockchain technology.

Glossary