BlackRock’s spot Bitcoin exchange-traded fund (ETF) witnessed a surge of $231.6 million in inflows on Friday, rebounding from two challenging days earlier in the week marked by significant outflows. Overall, the iShares Bitcoin (BTC) Trust ETF (IBIT) had a steep drop in market sentiments, with $548.7 million in outflows recorded on Wednesday and Thursday, as Bitcoin’s price fell to about $60,000.
Preliminary data indicates that across nine U.S.-based Bitcoin ETF products, inflows amounted to $330.7 million after three days of substantial outflows summing to $1.25 billion. This trend indicates a cautious optimism in investor sentiment.
Bitcoin ETF Flows Indicate Market Sentiment
So far in 2026, IBIT has seen only 11 trading days of net inflows. Bitcoin enthusiasts and market participants are closely monitoring these flows to gauge future price movements and interest in Bitcoin.
Bitcoin Trading
Source: CoinMarketCap
Currently, Bitcoin is trading at $69,820, reflecting a 24.3% decrease over the last month. On Thursday, IBIT set a trading volume record of $10 billion, resulting in a 13% price decline on that day—the second worst since its launch in January 2024.
However, Friday saw a rebound with IBIT rising 9.92%, closing at $39.68. Analyst James Seyffart indicates that recent outflows appear modest compared to inflows during peak market times, even as ETF holders face substantial losses, sitting around 42% with Bitcoin’s recent price decline.
Related Articles:
