Blackrock Drives $103M Bitcoin ETF Rebound as BTC Price Tops $86K
Bitcoin ETFs returned to positive territory on Thursday with $102.67 million in net inflows, led by a powerful day for Blackrocks IBIT. Key TakeawaysBitcoin ETFs drew $102.67M on Thursday, led by Blackrocks IBIT with $195.57M. Some ETFs saw outflows.NEAR, XRP, and HYPE gained as ether, solana, and zcash funds saw more selective institutional demand.Friday will test if bitcoin inflows hold as ether and zcash redemptions deepen. Blackrock Inflow Offsets Fidelity Outflow Bitcoin wasted little time finding buyers again. A day after its nine-session inflow streak ended, U.S. bitcoin ETFs drew $102.67 million in fresh capital. Blackrocks IBIT carried the recovery with a $195.57 million inflow, more than enough to absorb significant withdrawals elsewhere. Grayscale‘s Bitcoin Mini Trust added $14.59 million, while Morgan Stanley’s MSBT brought in $7.04 million. Fidelity‘s FBTC led the exits with $60.73 million. Grayscale’s GBTC lost $31.39 million, while Ark & 21Shares‘ ARKB and Bitwise’s BITB shed $7.72 million and $6.89 million, respectively. Daily trading volume reached $1.97 billion, as net assets rose to $109.34 billion. The category has now attracted $2.99 billion over the past 30 days, providing a strong institutional backdrop as bitcoins price climbed above $86K. The week flipped back to green for bitcoin ETFs, with a $103M inflow. Source: SosovalueEther Weakness









