IBIT ETF Sees Volume Surge and Bullish Momentum Amid Rising Inflows

BlackRock’s spot Bitcoin ETF, listed on Nasdaq under the ticker IBIT, jumped 3.49% last week, breaking a four-week decline in trading volume. According to TradingView, 210.02 million shares changed hands during the week ending June 27, marking a 22.2% increase from the prior week’s 171.74 million shares. This is the first weekly uptick in volume since mid-May, signaling renewed market interest.

Investor demand remains strong, with IBIT recording a net inflow of $1.31 billion last week, up from $1.23 billion the week before. In June alone, the fund has attracted $3.74 billion in fresh capital, according to SoSoValue data. This surge makes IBIT the top-performing spot Bitcoin ETF in terms of net investor contributions.

The broader U.S. spot Bitcoin ETF market is also experiencing consistent growth. All 11 spot ETFs have collectively seen over $4 billion in net inflows this month, marking the third straight month of positive momentum for institutional Bitcoin investment products.

Technical indicators also suggest a bullish outlook. IBIT’s weekly chart is forming a bull flag—a continuation pattern that mirrors the price behavior of Bitcoin itself. If confirmed, this pattern would signal a potential breakout and further gains from the early April low near $42,980.

With institutional inflows rising and trading volume rebounding, IBIT’s performance reflects growing confidence in Bitcoin ETFs as a key vehicle for crypto exposure. The fund’s upward trend may continue if macro and market sentiment align, potentially leading the next leg of the crypto bull run.