BlackRock’s iShares Bitcoin Trust recorded $287.4 million in inflows on Friday, marking its largest single-day gain since early October, according to market data. The inflow coincided with a broader pickup in demand for US-listed spot Bitcoin ETFs, which collectively attracted $471.3 million, the strongest daily total since mid-November.
Market participants pointed to early-year portfolio rebalancing as a key driver, following Bitcoin’s relative underperformance in late 2025. Institutional investors appear to be increasing exposure as crypto prices stabilized, with Bitcoin trading near $92,700 during the session. Analysts also noted that a steadier regulatory outlook in the US has supported renewed interest in crypto-linked investment products.
The inflows came amid heightened geopolitical uncertainty, which has reinforced Bitcoin’s role as a portfolio diversifier for some asset managers. Other major ETFs, including products from Fidelity, Bitwise, and Grayscale, also posted net inflows, signaling broader institutional participation rather than fund-specific activity.
