$231.6M pours into IBIT following ‘second-worst’ day for ETF price

BlackRock’s iShares Bitcoin Trust (IBIT) experienced a significant surge in investment, recording $231.6 million in net inflows following a major price correction across the cryptocurrency market. This substantial capital injection occurred immediately after a trading session characterized by sharp price declines, which analysts labeled as the ‘second-worst’ day for the burgeoning U.S. spot Bitcoin ETF complex.

The rapid rebound in inflows demonstrates a strong appetite for ‘dip buying’ among both institutional and retail investors utilizing the ETF structure. The funds poured into IBIT suggest that investors viewed the recent price drop as a temporary setback and an optimal accumulation point for the asset.

While the broader spot Bitcoin ETF sector saw mixed performance, with some funds, including Grayscale’s GBTC, registering minor outflows or stagnation, IBIT maintained its dominant position in attracting fresh capital. The $231.6 million haul solidifies IBIT’s role as the leading vehicle for large-scale institutional exposure to Bitcoin, confirming investor conviction despite short-term volatility.

Source: $231.6M pours into IBIT following ‘second-worst’ day for ETF price

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