BlackRock Bitcoin ETF Shocks Market with $410M Inflows Surge
The BlackRock Bitcoin ETF recorded $410 million in inflows on Thursday, the highest among all US Bitcoin ETFs.
The fund now holds $45.4 billion in inflows since its launch, showing continued institutional engagement.
BlackRock added 3,975 Bitcoin daily, while other major ETFs saw significant outflows.
BlackRock’s Bitcoin ETF received the most significant inflows of any ETF product focused on bitcoin in the US on Thursday. BlackRock reported another significant inflow of $410 million, staying at the top of the ETF market. BlackRock has recorded $45.4 billion in total inflows since the ETF’s launch.
The rest of the Bitcoin ETF market showed mixed results, indicating divergent views among market players. Yesterday, BlackRock increased its holdings by 3,975 Bitcoin, despite other BTC ETFs reporting inflows. BlackRock’s position in the ETF market highlights Bitcoin’s approach to reclaiming record prices.
Bitcoin’s price rose to $104,000 today and is building strength in the area. A break through $104.9K may result in a new all-time high for Bitcoin. Amidst increasing funds flowing into the BlackRock Bitcoin ETF, traders are closely watching moves in the crypto market.
$BTC Bulls are in complete Control..📈
Bulls need to clear the 104.9k Resistance to confirm the breakout and open the doors to a new ATH..#Crypto #Bitcoin #BTC pic.twitter.com/p3xiUuWbmR
— Captain Faibik 🐺 (@CryptoFaibik) May 16, 2025
BlackRock Bitcoin ETF Sees $410M Inflows Amid Market Exit by Rivals
BlackRock gained $2 million during this period, while Fidelity, Ark Invest, and Grayscale saw a total outflow of $287 million. Outflows totaling $287 million were experienced by Fidelity’s Bitcoin ETF, AR, and GBTC. This further highlights the increasing popularity of BlackRock’s Bitcoin ETF.
Unlike other competitors, BlackRock’s ETF has steadily gained capital inflows regardless of changes in cryptocurrency markets. The BlackRock Bitcoin ETF is becoming increasingly popular as larger investors favor it among spot Bitcoin ETF products. Its ongoing growth is boosting its impact on the ebb and flow of financial assets.
🚨 BLACKROCK BUYS 3975 BITCOIN
FOLLOW THE MONEY 🚀🚀 pic.twitter.com/5YHbh5BODU
— Thomas Fahrer (@thomas_fahrer) May 16, 2025
Other funds are withdrawing from the market, yet BlackRock continues to add Bitcoin ETFs. Larger investors are choosing to direct their resources toward more successful assets. BlackRock’s ETF currently holds the dominant position in the market.
Institutional Holdings in IBIT Reveal Mixed Trends for Q1 2025
Institutional ownership of the BlackRock Bitcoin ETF climbed by 19% as more investors turned their attention to the exchange-traded fund. Overall, institutional ownership in the ETF dropped to 25% compared to 30% during the previous quarter. This signifies that new investors joined as demand grew, but without making considerable investments.
Recently, the Wisconsin Investment Board disclosed that it had sold all of its $321 million stake in the BlackRock Bitcoin ETF. Goldman Sachs has become the largest investor in IBIT shares.
$IBIT Institutional Ownership – Q1 2025 Overview
– Number of institutional holders increased by 19%
– Institutional ownership decreased to 25%, down from 30%
(Based on current insights, Q2 is expected to show improvement—no cause for concern.) https://t.co/kDCScJvCWI pic.twitter.com/5T7C08RRIn
— Trader T (@thepfund) May 16, 2025
Mubadala, Abu Dhabi’s, has invested $408.5 million in 8.7 million shares of the IBIT ETF. This has made BlackRock the largest shareholder of its Bitcoin ETF outside of the United States. Its recent gains can be attributed to the increasing attention it’s received.
Related Reading | Central Bank of Russia Reports Bitcoin Leads Investment Returns in 2025
Filed under: Bitcoin - @ May 17, 2025 12:00 am