Blackrock Powers Record-Breaking Bitcoin ETF Inflow

The institutional bid for Bitcoin has returned with force, with U.S. spot Bitcoin ETFs drawing over $233 million in fresh capital. Seven funds reported inflows, with no products experiencing outflows.

Blackrock's IBIT led the charge, attracting nearly four-fifths of the daily total at $183.38 million. Bitwise's BITB followed closely behind with $20.74 million, while Fidelity's FBTC added $15.50 million.

Morgan Stanley's MSBT attracted $7.42 million, and Vaneck's HODL and Grayscale's Bitcoin Mini Trust each received $2.29 million. ARK 21Shares' ARKB completed the inflows with a $1.50 million addition.

This influx of capital comes after two days of outflows for Bitcoin ETFs, which were reversed in this session. The absence of outflows made the session notably broad, and total trading value reached $1.73 billion.