BlackRock’s Bitcoin ETF Sees $971M Inflows as Bitcoin Price Holds Above $94K

BlackRock’s iShares Bitcoin Trust ETF (IBIT) recorded a massive $971 million inflow on Monday, marking the second-largest single-day inflow since its launch in January 2024, according to SoSoValue. This surge helped offset heavy outflows from other Bitcoin ETFs. The ARK 21Shares Bitcoin ETF (ARKB) posted the largest loss, bleeding $226 million in a single day. Meanwhile, the Fidelity Wise Origin Bitcoin Fund (FBTC) and Grayscale Bitcoin Trust ETF (GBTC) recorded outflows of $87 million and $43 million, respectively.

Notably, IBIT was the only Bitcoin ETF to remain in the green on Monday. Overall, Bitcoin ETFs saw a net inflow of $591 million, underscoring rising investor confidence in Bitcoin as a hedge against economic uncertainty. SkyBridge Capital founder Anthony Scaramucci noted that institutions have been watching Bitcoin closely to determine whether it would perform as a safe haven asset. He emphasized that Bitcoin’s resilience amid falling U.S. dollar confidence has triggered stronger demand for Bitcoin ETFs.

This significant inflow comes just a week after Bitcoin ETFs posted their second-largest inflow of 2025, highlighting growing institutional interest. Meanwhile, Bitcoin (BTC) continues to trade above the $94,000 mark, maintaining bullish momentum despite broader market volatility.

Industry analysts predict that BlackRock’s IBIT could soon become the world’s largest Bitcoin ETF if the trend continues. With Bitcoin’s rising institutional adoption and strong inflows into key ETFs, the cryptocurrency market appears poised for further growth in 2025.