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BlackRock Drives Bitcoin ETF Rebound as Institutional Demand Returns

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  • BlackRock drives Bitcoin ETF recovery while Ethereum funds extend outflows.
  • Institutional investors increase Bitcoin exposure as crypto products gain momentum.
  • BlackRock maintains ETF dominance while Fidelity trails behind market leader.

BlackRock attracted nearly $144 million into its spot Bitcoin ETF on Thursday, helping the broader sector return to positive territory despite continued weakness across Ethereum investment products. According to a post on X by WU Blockchain, United States spot Bitcoin ETFs recorded combined daily net inflows of approximately $131.3 million during the session. BlackRock’s iShares Bitcoin Trust contributed the largest share of that total, while smaller outflows from competing funds slightly reduced the overall figure.


The strong performance from BlackRock also reinforced its position as the dominant player within the spot Bitcoin ETF market. Current data showed IBIT controlling more than $64 billion in assets under management alongside daily trading volumes exceeding $2 billion. Meanwhile, Fidelity’s Wise Origin Bitcoin Fund remained the second-largest product with roughly $14.16 billion in managed assets.


Moreover, the latest inflows arrived as Bitcoin continued trading above major psychological levels, encouraging institutions to maintain long-term exposure despite broader cryptocurrency market volatility.


Also Read: Can XRP Break the $1.5 Resistance Now That the Clarity Act Is Cleared for Senate Floor?


Ethereum ETFs Continue Facing Selling Pressure

While Bitcoin products regained momentum, Ethereum ETFs extended their losing streak with another day of capital withdrawals. Market data showed spot Ethereum ETFs recording total net outflows of approximately $5.65 million during the same trading session. Additionally, the latest decline marked the fourth straight day of outflows from Ethereum-based investment products. That contrast highlighted growing differences in institutional sentiment between Bitcoin and Ethereum during the current market cycle.


Significantly, many institutions still consider Bitcoin the preferred digital asset for portfolio exposure because of its larger liquidity base and stronger adoption among traditional financial firms. Consequently, Bitcoin ETFs continue attracting stronger participation compared to Ethereum products, which recently struggled maintaining consistent inflows.


Total assets across all spot Bitcoin ETFs now exceed $105 billion, while cumulative net inflows since launch have reportedly surpassed $59 billion. In conclusion, BlackRock’s latest ETF inflows strengthened Bitcoin’s position among institutional investors, while Ethereum funds continued facing weaker demand across regulated investment markets.


Also Read: Can XRP Break the $1.5 Resistance Now That the Clarity Act Is Cleared for Senate Floor?


The post BlackRock Drives Bitcoin ETF Rebound as Institutional Demand Returns appeared first on 36Crypto.

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