BlackRock’s iShares Bitcoin Trust (IBIT) saw a remarkable influx of nearly $1 billion on Monday, achieving its second-highest single-day inflow since its launch earlier this year.
Data from SoSoValue reveals that IBIT accumulated $970.93 million, highlighting a renewed interest from institutional investors in cryptocurrency markets.
This increase in inflows is part of a broader recovery trend in Bitcoin markets, as investors gradually gravitate back to Bitcoin-related products, encouraged by signs of the asset’s resilience amid fluctuating equity markets.
Proponents of cryptocurrency have emphasized Bitcoin’s comparative stability against U.S. stocks during uncertain economic conditions, reigniting discussions about its potential role as a safe-haven asset.
Nearly $1bil into iShares Bitcoin ETF today…
2nd largest inflow since Jan 2024 inception.
I still remember when there was "no demand".
— Nate Geraci (@NateGeraci) April 29, 2025
The IBIT fund is part of a wave of spot Bitcoin ETFs that commenced trading on January 11. This date marked a significant shift for the crypto industry, enabling traditional investors to seek direct exposure to Bitcoin through regulated financial instruments. Nine new funds were launched on that day, alongside Grayscale’s long-standing Bitcoin Trust, which transitioned into an ETF format.
Strong BlackRock IBIT Inflows Contrast With Outflows From Rival Funds
James Toledano, chief operating officer at Unity Wallet, attributed the current momentum to various factors. He remarked that former President Donald Trump’s recent silence on cryptocurrency may have positively influenced market sentiment. “Historically, his comments have coincided with price drops, though correlation is not causation,” Toledano noted.
Toledano also highlighted the impact of easing rhetoric surrounding tariffs and Federal Reserve policies, which have helped bolster investor confidence. These factors combined with significant inflows into Bitcoin ETFs indicate a resurgence of institutional support.
However, despite the robust performance of IBIT, the wider Bitcoin ETF market reflected a mixed response, suggesting that investor demand is becoming more selective.
Monday’s inflows were predominantly directed towards BlackRock’s IBIT, which attracted $970 million. In contrast, Fidelity’s FBTC experienced outflows totaling $86.8 million, while Grayscale’s GBTC recorded net outflows of $42.66 million.
Despite IBIT’s Gains, Broader Bitcoin ETF Market Shows Strain
Ark Invest’s ARKB fund experienced the largest single-day outflow among major ETFs, totaling $226.3 million. While IBIT has seen impressive results, the broader Bitcoin ETF market continues to show signs of strain, indicating that investor interest may be evolving.
The increasing demand for Bitcoin highlights its narrative as a hedge against macroeconomic uncertainty, especially as U.S. equities face pressure and global markets seek stability. This shift has led to renewed interest in both gold and Bitcoin as alternative stores of value.
The post BlackRock’s Bitcoin ETF Posts Second-Largest Inflow Since January Launch appeared first on Finance Newso.
