BlackRock Sees Surge in Bitcoin ETF Inflows Despite Market Losses
BlackRock clients purchased $273.2 million worth of Bitcoin over two days, reversing earlier sales that totaled $63.6 million during the week ending July 30, 2026. This buying activity accounted for nearly all inflows into U.S. spot Bitcoin ETFs this week and was led by BlackRock's iShares Bitcoin Trust (IBIT), which captured 79% of a single-day $233.1 million influx on July 30. Despite the recent rebound, average investors in U.S. Bitcoin ETFs remain down approximately 22%, with an unrealized loss of around $16 billion as of mid-July—far below peak gains exceeding $86 billion recorded earlier in October 2025 when Bitcoin hit a record high. BlackRock's inflows reflect client demand rather than internal investment decisions, and the firm holds over half of all U.S. spot Bitcoin ETF assets with its IBIT fund. While July has seen some recovery from June’s worst monthly outflows since January 2024, cumulative net flows remain positive at $51.59 billion.
Topics: Bitcoin ETF BlackRock digital assets ETF inflow/outflow