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BlackRock’s Bitcoin ETF Sees Biggest Inflow in Three Months as Crypto Prices Rise

BlackRock’s Bitcoin ETF Sees Biggest Inflow in Three Months as Crypto Prices Rise

In brief

  • BlackRock’s iShares Bitcoin Trust (IBIT) recorded $287.4 million in inflows on Friday, its largest single-day haul since early October.
  • Bitcoin ETFs collectively pulled in $471.3 million on Friday, marking the highest total inflows since mid-November.
  • Bitcoin is trading at $92,670 according to CoinGecko data, amid broader institutional appetite.

BlackRock’s spot Bitcoin ETF pulled in its biggest single-day inflow in nearly three months on Friday, as investors piled into crypto-linked funds.

Heightened geopolitical tensions following the U.S. capture of Venezuelan President Nicolás Maduro have also helped spur the asset into a fourth consecutive daily win streak.

On Friday, BlackRock’s iShares Bitcoin Trust (IBIT) recorded…

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