BlackRock IBIT Adds 3,355 BTC in $256M Institutional Inflow on April 20

BTC0.22%

Gate News message, April 21 — BlackRock's iShares Bitcoin Trust (IBIT) recorded $256 million in net inflows on April 20, equivalent to approximately 3,355 BTC. The inflow reflects continued strong institutional interest in Bitcoin spot ETFs.

IBIT led all Bitcoin ETFs by a significant margin on the day. Total Bitcoin ETF inflows reached over $238 million, marking the fifth consecutive day of positive flows. Cumulative inflows into Bitcoin spot ETFs have now reached nearly $58 billion. Across all spot Bitcoin ETFs globally, total assets under management exceed $100 billion, representing more than 6% of Bitcoin's total market capitalization.

The sustained inflow pattern underscores institutional confidence in Bitcoin as a long-term asset. ETF products offer regulated access without requiring direct wallet or private key management, making Bitcoin more accessible to large investors. BlackRock's IBIT remains the dominant player in daily flows and overall scale, though competitors like Fidelity and ARK Invest also continue to attract capital.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments