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BlackRock’s iShares Bitcoin Trust (IBIT) continues to dominate headlines as the institutional giant recorded its 15th consecutive day of inflows. On Monday alone, BlackRock purchased 5,613 BTC worth approximately $530 million, pushing its total inflows to over $4.5 billion during this streak. Since its inception, IBIT has now attracted more than $44 billion in total inflows, reinforcing the ETF’s role as a magnet for institutional capital.
Data also reveals a staggering 124% increase in BlackRock’s holdings in the iShares Bitcoin ETF during Q1 2025. The asset manager’s total stake now stands at $314 million, highlighting a notable uptick in institutional appetite for Bitcoin exposure amid a stabilizing market.
Bitcoin ETFs Diverge as BlackRock Leads the Pack
While BlackRock’s IBIT continues its bullish momentum, other Bitcoin ETFs are showing mixed results. On the same day IBIT saw $530 million in inflows, the broader Bitcoin ETF market recorded net inflows of $425 million. This discrepancy highlights net outflows from competing ETFs like Fidelity’s FBTC, Bitwise’s BITB, and Grayscale’s GBTC, according to Farside Investors.
Bloomberg ETF strategist Eric Balchunas emphasized BlackRock’s aggressive accumulation strategy, noting, “$IBIT now ranks 8th in year-to-date flows after being out of the Top 50 earlier. It’s been hoovering up BTC like a madman since the decoupling.”
Also Read: Tether Prints $8 Billion USDT: Analyzing the Impact on Bitcoin and Altcoin Markets
BTC Holds Steady at $94.5K, Sets Stage for $100K Push
Despite significant ETF inflows, Bitcoin’s price remains stable around $94,500. Analysts suggest this period of consolidation could be a precursor to another major rally. On-chain data shows Bitcoin’s MVRV ratio has reset to 1.74—its long-term average—indicating that unrealized gains have been flushed out and the market is primed for a potential surge.
According to crypto analyst Kyledoops, “The reset is real. Hold this level and we’re set up for recovery.” CoinGape’s price prediction indicator suggests Bitcoin may hover near current levels for the next month but sees room for an upside push toward $100,000 if ETF inflows persist.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
