BlackRock fuels $1.9B Bitcoin ETF inflow streak

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BlackRock fuels $1.9B Bitcoin ETF inflow streak
BlackRock fuels $1.9B Bitcoin ETF inflow streak
Liezl Gambe
Written by Liezl Gambe
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US-listed spot Bitcoin ETFs recorded a seven-day inflow streak totalling $1.9 billion as prices approached $80,000.

Daily inflows reached $335.8 million on Wednesday, extending momentum beyond a similar March streak and signalling renewed investor demand for crypto exposure.

The rally coincided with Bitcoin climbing above $79,000 for the first time since January, supported by steady institutional inflows.

BlackRock’s iShares Bitcoin Trust led the surge with $1.4 billion in inflows, accounting for more than 70% of the total during the period.

Other funds including Morgan Stanley’s Bitcoin Trust contributed to gains, while Grayscale’s GBTC recorded about $100 million in outflows over the same timeframe.

Collectively, spot Bitcoin ETFs now hold roughly 1.3 million BTC worth about $103 billion, underscoring their growing role in institutional crypto allocation.

Meanwhile, Ethereum investment products posted a parallel 10-day inflow streak, reflecting broader recovery in digital asset markets despite sentiment indicators remaining in fear territory.

At the time of reporting, Bitcoin price was $78,446.68.

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