BLACKROCK IBIT ADDS $732M BITCOIN IN ONE WEEK

BlackRock's iShares Bitcoin Trust ($IBIT) absorbed $732.6 million in net Bitcoin inflows over the course of last week, pushing the fund's total holdings past $62.7 billion in Bitcoin exposure. The figure underscores the sustained institutional appetite for regulated $BTC products, even as broader markets contend with macro uncertainty.

IBIT Hits New Records Amid Relentless Institutional Demand

The weekly haul is part of a broader momentum shift. According to data tracked by Yahoo Finance and CoinReporter, IBIT recently reached an all-time high of 806,700 BTC in total holdings, valued at approximately $63.7 billion at current prices. That milestone followed nine consecutive trading days of net inflows, during which the fund added roughly 21,500 BTC. BlackRock's fund now commands roughly 49% of total US spot Bitcoin ETF assets, putting it well ahead of rivals including Fidelity's FBTC and Grayscale's GBTC.

Bloomberg Intelligence analyst Eric Balchunas noted on April 23 that Bitcoin ETF flows had turned positive across every rolling period he tracks — a pattern the market had not seen in months. He also highlighted that IBIT's roughly $3 billion in year-to-date inflows places it in the top 1% of all ETFs globally, across any asset class.

Bitcoin Above $79,000 as Institutional Flows Accelerate

The surge in inflows coincides with Bitcoin trading above the $79,000 level, a zone that analysts say is critical for near-term sentiment. Market participants note that holding above the $77,500–$78,000 range would keep the short-term structure constructive, with a decisive move above $80,000 potentially opening the path toward new highs. The steady flow of institutional capital through the ETF structure is widely seen as providing a structural bid that limits downside, even when retail participation remains uneven.

The broader US spot Bitcoin ETF market has also reversed a prolonged period of capital flight. The group accumulated roughly $2 billion over four straight weeks of positive net inflows, according to ETF flow data. Bitcoin continues to attract the lion's share of that institutional demand, while Ethereum and smaller altcoin ETFs have seen more mixed flows in the same period.

Sources:
BlackRock Bitcoin ETF Holdings Hit Record 806,700 BTC Worth $63.7 Billion — Yahoo Finance
Bitcoin ETF Inflows Turn Fully Positive Across Key Timeframes, Led by BlackRock's IBIT — Bitcoin.com News
Bitcoin ETF Flow Data — Farside Investors

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