BlackRock Bitcoin ETF Sees $231.6M Inflows After Volatile Week

BlackRock’s iShares Bitcoin Trust (IBIT) attracted $231.6 million in inflows on Friday, reversing some of the selling pressure it experienced earlier in the week. IBIT had recorded $548.7 million of net outflows across Wednesday and Thursday as sentiment soured and Bitcoin’s price briefly dipped toward $60,000, according to Farside data.

Preliminary Farside figures show nine U.S. spot Bitcoin ETFs collectively drew $330.7 million on Friday after three prior days of combined outflows totaling roughly $1.25 billion. Year to date in 2026, IBIT has had only 11 trading days with net inflows, underscoring the episodic nature of demand since launch.

The broader market backdrop has been weak: Bitcoin is down about 24.30% over the past 30 days and was trading near $69,820 at the time of publication, per CoinMarketCap. Trading activity in IBIT surged Thursday, with the ETF posting a one-day volume record of roughly $10 billion in shares traded, Bloomberg ETF analyst Eric Balchunas observed. That same day IBIT plunged about 13%—its second-largest single-day drop since the ETF debuted, trailing only a 15% decline on May 8, 2024.

IBIT recovered on Friday, gaining 9.92% to close at $39.68, according to Google Finance. ETF analyst James Seyffart warned that holders are facing their biggest paper losses since U.S. spot Bitcoin ETFs launched in January 2024—roughly 42% on positions entered when Bitcoin sits below $73,000. Still, recent outflows remain modest compared with the peak inflow period: cumulative net inflows into spot Bitcoin ETFs were about $62.11 billion before October’s sell-off and have since fallen to around $55 billion.

Investors and market participants continue to watch ETF flow data closely for indications of demand and potential price direction. Cointelegraph maintains editorial independence and transparency; readers are encouraged to verify details independently.