Bitcoin ETF Flows Turn Positive as BlackRock’s IBIT Adds About $3 Billion

Bloomberg data showed spot Bitcoin ETFs returned to net inflows, with about $335 million added in a day and more than $2.1 billion for the month, while BlackRock’s IBIT led gains and Grayscale’s GBTC still posted outflows.

BTC

Summary

Spot Bitcoin ETFs have returned to net inflows, with 12 funds posting about $335 million in daily net inflows and more than $2.1 billion for the month. Bloomberg data showed all-period spot Bitcoin ETF flows turned positive for the first time in months, reinforcing the broader rebound in fund demand. BlackRock’s IBIT led the latest daily activity with about $246 million in inflows, while Grayscale’s GBTC continued to record outflows. The update is consistent with earlier data that showed IBIT had surpassed $3 billion in year-to-date net inflows as of April 23 and total cumulative spot Bitcoin ETF inflows had reached $62.8 billion.

Terms & Concepts
  • Bitcoin ETF: An exchange-traded fund that gives investors exposure to Bitcoin through a regulated market product without requiring direct crypto custody.
  • ETF Flows: Net money moving into or out of an exchange-traded fund, often used to measure investor demand.
  • Net inflows: The amount of new money entering a fund after subtracting withdrawals over a given period.