BlackRock Bitcoin ETF Sees $111M Inflow, Rest of $1B Arrives Tonight

• BlackRock’s Bitcoin ETF starts with a $111 million inflow, with the remaining $889 million expected tonight.
• BlackRock’s ETF sees a premium of 16bps, while Fidelity recorded a negative value.
• New Bitcoin ETFs eye a combined $650 million inflow, but several ETFs have not posted their numbers.

The inflow for iShares Bitcoin Trust (IBIT), specifically BlackRock’s Bitcoin spot ETF shares, has been confirmed to reach $111 million. In a recent update on X, Eric Balchunas, a Senior ETF Analyst at Bloomberg, called the crypto community’s attention to the fund inflows. 

According to Balchunas, current data confirmed the $111 million inflow out of the expected $1 billion. He noted that the data is currently delayed and that the rest of the staggering $1 billion in volume is expected to be revealed in tonight’s flow.

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