Bitcoin ETFs See $442M Inflow, Led by BlackRock’s IBIT

Bitcoin ETFs are experiencing a resurgence, with significant inflows driven by institutional interest. On April 24, spot Bitcoin ETFs saw a substantial inflow of $442 million, with BlackRock’s iShares Bitcoin Trust (IBIT) accounting for $327.3 million of that total. This marks a consistent streak of inflows since April 17, indicating renewed institutional confidence in Bitcoin.

MicroStrategy co-founder Michael Saylor has made a bold forecast, predicting that IBIT could outpace every other ETF to become the world’s largest within a decade. While this claim may seem ambitious, it reflects Saylor’s long-standing conviction in Bitcoin’s potential. ETF Store President Nate Geraci echoed similar sentiments, noting the transformative shift in the market.

BlackRock’s IBIT, while still far from matching the scale of ETF giants like Vanguard’s VOO, is gaining traction fast. BlackRock now holds more than 582,000 BTC, valued at over $54.2 billion, positioning IBIT just outside the top 35 ETFs by assets under management (AUM). This surge in institutional activity signals a decisive shift in sentiment, with daily inflows that once averaged just 23 BTC in 2025 now surging dramatically.

The resulting uptick in demand has fueled Bitcoin’s price momentum, with BTC climbing to $93,734.12, up 10.86% over the past week. This data underscores a strong institutional return, likely laying the groundwork for Bitcoin’s next major leg upward. The current trend in Bitcoin ETF inflows not only showcases renewed institutional confidence but also suggests a long-term bullish sentiment in the cryptocurrency market.

As interest in IBIT grows, the landscape of Bitcoin investments could be on the verge of transformative shifts. Strong inflows indicate a rising belief in Bitcoin’s potential, thereby paving the way for exciting developments in the near future. The recent spike in institutional Bitcoin activity signals a decisive shift in sentiment, with U.S. spot BTC ETFs collectively seeing a net inflow of 11,898 BTC in a single day, the highest since November 11, 2024. This revival is vividly illustrated by Glassnode’s charts, where bold green bars have replaced the prior red streak, marking a clear break from the stagnation.