BlackRock’s IBIT Stays Stagnant Despite Bitcoin ETFs Bounce Back With $21.5M in Inflows

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The US spot Bitcoin ETFs appear to be slowly recovering as the collective inflows reached $21.52 million on June 26th, continuing with the positive momentum that began on Tuesday.

It is important to understand that BlackRock’s activity has been on a downtrend, with only two minor inflows since June 14, both under $2 million. This lack of inflows, however, does not necessarily mean that there’s no trading activity but rather that the net flow isn’t significant enough to require share adjustments.

 

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