BlackRock’s IBIT Bitcoin ETF Sees First Net Inflow in Three Weeks

BlackRock’s IBIT Bitcoin ETF recorded its first daily net inflow in three weeks, bringing in $15.8 million.

This marks the end of a prolonged period of stagnant or negative flows, which had lasted since August 26. Prior to this, the ETF had experienced 11 consecutive days without positive inflows and two days of net outflows on August 29 and September 9.

On the same day, other Bitcoin ETFs also saw net inflows: Fidelity’s FBTC added $5.1 million, Franklin Templeton’s EZBC saw $5 million, and VanEck’s HODL gained $4.9 million, according to CoinGlass data.

Conversely, Grayscale’s high-fee Bitcoin ETF, GBTC, experienced net outflows of $20.8 million on Friday, despite recent inflows of $6.7 million. Its mini-merchant BTC had a modest net inflow of $2.8 million.

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BlackRock’s IBIT remains the leader in spot Bitcoin ETF flows, with $20.9 billion in net inflows since January. Fidelity’s FBTC follows with $9.6 billion, while Grayscale’s GBTC has seen net outflows exceeding $20 billion.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.