Categories: MarketsMenafn

BlackRock Bitcoin ETF Records $0 Inflow

The BlackRock Bitcoin ETF reported zero inflows for the first time since its launch, marking a significant halt in new investments. This development could indicate waning investor interest or broader market caution as cryptocurrency markets face volatility and regulatory uncertainties. 

BlackRock BTC ETF  Previously Accumulated Nearly $15.5 billion in just 71 Days

BlackRock’s iShares Bitcoin Trust (IBIT), a popular Bitcoin exchange-traded fund (ETF), witnessed its first day of zero inflows on April 24th, according to data from Farside. This marks a significant shift, as the fund had enjoyed a remarkable streak of daily inflows since its launch in January.

Previously, IBIT had consistently attracted millions of dollars in investments daily, accumulating nearly $15.5 billion in just 71 days. This impressive inflow streak ended on April 24th when the fund recorded no new investments.

Additionally, out of the 11 U.S.-registered Bitcoin ETFs, only Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21Shares Bitcoin ETF (ARKB) bucked the trend by bringing in new investments. They recorded inflows of $5.6 million and $4.2 million, respectively.

It’s important to note that while this is a first for IBIT, other Bitcoin ETFs also experienced a decline in inflows on the same day. For instance, Fidelity’s FBTC hasn’t seen any new investments for three days in the past two weeks.

Several companies are hoping to launch Ether ETFs, but the U.S. Securities and Exchange Commission (SEC) is taking its time reviewing their applications, delaying their approval.

Amresh Poddar

Recent Posts

VTrader Unveils AI-Powered Price Prediction Tool to Redefine Market Intelligence in Crypto Trading

Delaware, US, 18th July 2025, VTrader, an AI-native financial intelligence platform for digital asset markets,…

13 hours ago

ZARO Launches with Locked Liquidity, No Team Control, and Community-Owned Mascot

Road Town, British Virgin Islands, 17th July 2025, ZEX PR WIRE, ZARO has emerged as…

2 days ago

SyntecBiofuel Predicts Biofuels Market to Hit $208 B by 2030

Cambridge, UK, 17th July 2025, ZEX PR WIRE, SyntecBiofuel, a pioneer in sustainable bioenergy solutions, today…

2 days ago

Tradeview Markets Receives Multiple International Awards

Cundinamarca, Colombia, 16th July 2025, ZEX PR WIRE, Tradeview Markets is proud to announce its…

2 days ago

Zak Manhire Launches Mint. io: A Web3 Gaming Platform Driven By AI That Prioritizes Product Over Token

Marbella, Malaga, 14th July 2025, Serial entrepreneur and global strategist Zak Manhire has announced Mint.io,…

4 days ago

Bitcoin Hits New Highs Above $118,000, Triggers Massive Short Liquidations

Bitcoin reached over $118,000 in early July 2025. This quick rise led to $1.1 billion…

1 week ago