BlackRock's Bitcoin Exchange Traded Fund (ETF) recorded $231.6 million in inflows on Friday, following two days of heavy outflows in a turbulent week for Bitcoin.
According to Farside, the iShares Bitcoin (BTC) Trust ETF (IBIT) saw outflows totaling $548.7 million on Wednesday and Thursday as crypto market sentiment sank to a record low and the Bitcoin price briefly fell to $60,000 on Thursday.
Preliminary Farside data shows inflows into nine US-based spot Bitcoin ETF products totaling $330.7 million, following three days of collective outflows totaling $1.25 billion.
Bitcoin ETF flows show investor sentiment
So far in 2026, IBIT has only seen 11 trading days of net inflows.
Bitcoin holders and crypto market participants are closely watching Bitcoin ETF flows for clues as to where the worth is heading and whether interest within the asset is increasing.
Bitcoin is trading at $69,820 on the time of publication. Source: CoinMarketCap
According to CoinMarketCap, the worth of Bitcoin has fallen by 24.30% within the last 30 days, with Bitcoin trading at $69,820 on the time of publication.
According to Bloomberg ETF analyst Eric Balchunas, IBIT “broke its every day trading volume record” on Thursday, trading $10 billion price of stocks.
IBIT recovers on Friday after price decline
Balchunas added that IBIT fell 13% on the day, marking the “second-worst every day price decline since its launch,” with the most important every day price decline of 15% occurring on May 8, 2024.
BlackRock's iShares Bitcoin ETF rose 9.92% on Friday. Source: Google Finance
However, IBIT rallied 9.92% on Friday to shut at $39.68, in response to Google Finance.
ETF analyst James Seyffart noted on Wednesday that while Bitcoin ETF holders are facing their “largest losses” for the reason that U.S. launch in January 2024 – paper losses of around 42% on Bitcoin below $73,000 – recent outflows are still weak in comparison with inflows on the market's peak.
Before the October downturn, net inflows into spot Bitcoin ETFs were around $62.11 billion. They have now fallen to around $55 billion.
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