BlackRock Drives 7-Day Bitcoin ETF Inflow Streak as Bitcoin Nears $80,000

BlackRock has led a strong surge in US-listed spot Bitcoin ETF inflows, with funds recording a seven-day inflow streak totaling $1.9 billion as Bitcoin approached the $80,000 mark.

Spot Bitcoin ETFs attracted $335.8 million in inflows on Wednesday, extending a week-long run that has surpassed the previous seven-day inflow streak in March, which totaled $1.2 billion.

BlackRock’s iShares Bitcoin Trust accounted for more than $1.4 billion of the latest inflows, representing over 73 percent of the total. The fund now holds nearly 810,000 Bitcoin and represents a major share of assets managed by US-listed spot Bitcoin ETFs.

The inflows have coincided with a recovery in Bitcoin prices, with the cryptocurrency rising 11 percent over the past month and briefly moving above $79,000, its highest level since January.

The Morgan Stanley Bitcoin Trust also contributed to momentum, adding $95 million during the streak. Since launching earlier this month, the fund has reportedly not recorded a single day of outflows.

Despite the positive trend, some funds continued to see redemptions, led by the Grayscale Investments Bitcoin Trust, which posted net outflows of around $100 million over the same period.

Investor interest has also expanded beyond Bitcoin, with spot Ether ETFs recording a separate 10-day inflow streak totaling more than $633 million.

Analysts say the sustained inflows reflect growing institutional demand and improving sentiment in digital asset markets, even as broader market indicators remain in cautious territory.

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