1 billion dollars in 1 day for the BlackRock Bitcoin ETF

2025-04-29 12:26:45

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BlackRock’s iShares Bitcoin Trust ETF saw an inflow of 971 million dollars on Monday, (IBIT).

This figure has been recorded as the second highest daily inflow since the launch of IBIT in January 2024. This large inflow significantly balanced the outflows seen in other Bitcoin ETF products. On Monday, the ARK 21Shares Bitcoin ETF (ARKB) was the product that experienced the largest loss, with a total outflow of 226 million dollars.

SkyBridge Capital founder Anthony Scaramucci stated that Bitcoin is now seeing stronger demand. According to Scaramucci, as Bitcoin’s value has increased during a time when confidence in the US dollar has been shaken, investors have begun to show intense interest in Bitcoin ETFs.

Bitcoin ETFs received the second largest investment of 2025 last week. Bitcoin is trading above the $95,000 level at the time this news was written.

Published: April 29, 2025 15:13

BTC-0.85%

TRUST-5.55%

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