BlackRock Bitcoin ETF Sees Strongest Day Since March Amid Institutional Demand
BlackRock's iShares Bitcoin Trust saw its strongest single-day performance since early March, pulling in $269.3 million in net inflows on Thursday.
This influx of capital marked a reversal of two consecutive days of net outflows across the 12 U.S. spot Bitcoin ETFs, which collectively recorded $358.1 million in net inflows that day.
The Fidelity Wise Origin Bitcoin Fund was second with $53.3 million in inflows, while Morgan Stanley's Bitcoin Trust contributed $14.9 million on its second day of trading.
BlackRock's IBIT has accumulated a total of $1.5 billion in net inflows year-to-date, despite the price of Bitcoin declining from a 2026 high of $97,000 to approximately $72,100.