BlackRock’s IBIT Leads U.S. Spot Bitcoin ETF Inflows as Bitcoin Nears $80,000

Bitcoin neared $80,000 as U.S. spot Bitcoin ETFs extended an eight-day streak of net inflows, with Cointelegraph citing “Daily spot Bitcoin ETF inflows since April 14” and noting that “several funds have clocked losses during the past seven trading sessions.”

“Summary - US spot Bitcoin ETFs posted net inflows of $223”

bloomingbit

Cointelegraph said the Grayscale Bitcoin Trust ETF (GBTC) led redemptions during the period, with “net outflows of around $100 million,” while it also reported that Ether (ETH) was gaining traction in US-listed spot ETFs with “a 10-day inflow streak totaling $633.6 million.”

bloomingbit

Crypto.news similarly tied the rally to ETF demand, saying “Bitcoin held near $78,000” as “U.S. spot Bitcoin ETFs recorded an eighth straight day of net inflows” and that the latest inflow pushed “total net additions above $2 billion during the current run.”

The Block reported that spot bitcoin ETFs drew “$223.2 million” on Thursday, describing it as “the eighth consecutive day of positive flows” during which “they saw over $2 billion in net inflows.”

CoinMarketCap added that spot Bitcoin ETFs collectively pulled in “a combined $1.9 billion during the streak,” and said Wednesday alone added “$335.8 million.”

Across the reports, BlackRock’s iShares Bitcoin Trust (IBIT) repeatedly appeared as the leading recipient of inflows, with Crypto.news saying “BlackRock’s IBIT led Thursday’s flows with $167.5 million” and The Block stating IBIT led the day with “$167.5 million in net inflows.”

While the overall ETF tape stayed positive, the sources described a split between the biggest issuers and funds that saw withdrawals.

Cointelegraph said “the Grayscale Bitcoin Trust ETF (GBTC) led redemptions during the period, with net outflows of around $100 million,” and it also stated that “Ether (ETH), the second-largest crypto asset by market capitalization, has also been gaining traction in US-listed spot ETFs.”

CoinDesk

Crypto.news reported that “Not all funds saw new demand,” adding that “Fidelity, Bitwise, and VanEck’s Bitcoin ETFs posted combined outflows of about $30 million during the same session.”

The Block echoed the same pattern by saying that “According to Fidelity, Bitwise, and VanEck's bitcoin funds, however, saw net outflows totaling roughly $30 million.”

Bloomingbit provided a more granular breakdown, stating that “BlackRock IBIT drew $167.45 million, Ark ARKB took in $71.22 million, and Morgan Stanley MSBT added $9.36 million,” while “Fidelity's FBTC, by contrast, posted net outflows of $16.93 million.”

Bloomingbit also said “Bitwise's BITB and VanEck's HODL also saw withdrawals of $7.6 million and $5.5 million, respectively,” and it noted that “Grayscale's GBTC was unchanged, while its mini Bitcoin product recorded inflows of $5.16 million.”

CoinMarketCap tied the streak’s concentration to BlackRock, saying IBIT “captured more than 73% of the streak's total inflows at $1.4 billion,” and it stated that IBIT “holds 809,870 Bitcoin, accounting for 62% of all assets under management across U.S.-listed spot BitcoinETF products.”

In the same set of reports, the market’s direction was framed as being supported by the largest issuers even as some funds pulled back, with Crypto.news describing “continued institutional demand” after “earlier 2026 weakness.”

Several of the crypto-focused reports framed the ETF inflow streak as evidence of institutional accumulation rather than short-lived speculation.

“Spot Bitcoin ETFs collectively hold 1”

CoinMarketCap

Cointelegraph said the Crypto Fear & Greed Index “surged to 46 for the first time since late January,” while it added that the index “remains in “fear” territory.”

Crypto.news quoted Bitrue Research Lead Andri Fauzan Adziima describing the inflow run as durable, saying, “This isn’t noise, it’s allocators treating the post-2025 pullback as a real accumulation zone, especially with resilient demand even after earlier 2026 outflows.”

The Block also quoted Adziima, stating, “This isn't noise, it's allocators treating the post-2025 pullback as a real accumulation zone, especially with resilient demand even after earlier 2026 outflows,” and it added that “Institutions see BTC as core portfolio ballast now, not just a trade.”

Cointelegraph and CoinMarketCap both connected the ETF demand to broader market behavior, with Cointelegraph noting that “the ongoing recovery in spot markets” coincided with the Fear & Greed Index move and CoinMarketCap reporting that “Bitcoin rose 11% over the past 30 days” and “briefly crossed $79,000 on Wednesday.”

CoinMarketCap also said the Fear and Greed Index “reached 61 during the period,” and it described that as “its highest reading since late January,” while still stating that “Bitcoin remains down approximately 11% year-to-date.”

The Block added a market-structure angle, quoting Adziima that “If these inflows keep rolling (or accelerate), I think it creates a structural bid that tightens supply even more,” and it said the researcher linked the setup to a potential move “toward $85K–$90K+ as a base case.”

Cointelegraph similarly reported that “Bitcoin remains down about 11% year-to-date” and that BTC was “nearing $80,000,” placing the rally in a context of still-elevated caution.

Alongside the inflow-driven optimism, the sources repeatedly pointed to specific price zones and macro sensitivity.

Cointelegraph said Bitcoin was “nearing $80,000” while also reporting that “the Crypto Fear & Greed Index surged to 46 for the first time since late January,” and it emphasized that the index “remains in “fear” territory.”

Cointelegraph

Crypto.news stated that “Bitcoin has gained about 10% over the past 30 days and has held near the $78,000 level,” while also noting that “the asset remains below its October 2025 record high of about $126,000.”

It then quoted Adziima warning that “weaker ETF flows could test the $74,000 to $70,000 Bitcoin price zone again,” and it described the market as “sensitive to macroeconomic and geopolitical news.”

The Block similarly said the researcher warned that “any slowdown could test the $74K–$70K zone again,” and it quoted Adziima that “The market isn't euphoric yet; it's mature and macro-sensitive.”

The Block also tied the macro backdrop to a specific development, saying “U.S. President Donald Trump recently announced an indefinite extension to the ceasefire with Iran, which was initially set to expire this week,” while adding that “tensions remain palpable as the U.S.-Iran standoff at the Strait of Hormuz continues.”

Cointelegraph’s market framing included a technical threshold, with the Intellectia AI analysis saying “Bitcoin now faces a critical test at the $80,000 to $80,700 level,” which it described as “the short-term holder cost basis.”

Even as the sources described a constructive level around $78,000, they also kept a risk lens on the possibility of profit-taking and flow reversals, with Cointelegraph noting that “several funds have clocked losses” and with Crypto.news pointing to outflows from Fidelity, Bitwise, and VanEck.

Beyond ETF flows, the sources described how corporate Bitcoin exposure and fund strategy were evolving in parallel.

Intellectia AI said Strategy (formerly MicroStrategy) announced a “massive $2.54 billion Bitcoin purchase” that sent its stock “soaring 37% in April alone,” and it claimed the purchase increased holdings to “approximately 815,000 BTC.”

Crypto Briefing

It also said BlackRock’s IBIT accumulated “a record 809,870 BTC worth approximately $63.7 billion” and represented “62% of all assets under management across the eleven spot Bitcoin ETF products now available to American investors.”

Cointelegraph and CoinMarketCap both referenced IBIT’s scale, with CoinMarketCap stating IBIT “holds 809,870 Bitcoin, accounting for 62% of all assets under management,” and Cointelegraph reporting that “BlackRock’s iShares Bitcoin Trust (IBIT)” was driving a streak as BTC neared $80,000.

The Block’s market-structure framing connected ETF purchases to spot buying, quoting that “Each purchase by an ETF sponsor requires the acquisition of actual Bitcoin in the spot market,” and it described this as “persistent buying pressure.”

Intellectia AI added that “cumulative net inflows now exceeding $58 billion” and “total assets under management surpassing $102 billion,” while it said IBIT recorded “net inflows on 48 of 62 trading days during the first quarter of 2026.”

Separately, CoinDesk and TradingView described BlackRock’s longer-term positioning of its Bitcoin ETF as a theme, with CoinDesk stating BlackRock named “its iShares Bitcoin Trust (IBIT) as one of its three main investment themes for 2025,” and it quoted Nate Geraci saying, “I see it more as a confirmation of the company's conviction that bitcoin has a place in diversified portfolios.”

TradingView similarly said BlackRock highlighted IBIT “alongside its ETF that tracks Treasury bills and another linked to the 'Magnificent Seven' tech stocks: Apple, Microsoft, Amazon, Alphabet, Meta, Nvidia and Tesla,” and it quoted Eric Balchunas saying that “if the ETF 'can achieve $25 billion in a bad year, imagine the potential flow in a good year.'”