(35)   BlackRock’s IBIT Sees Second-Largest Bitcoin Inflow Since Launch, Nearing $1 Billion

CME Bitcoin Futures open interest falls for four straight days, according to CME data.    By James Van Straten|Edited by Oliver Knight

Updated Apr 29, 2025, 5:49 a.m. Published Apr 29, 2025, 5:49 a.m.

What to know:

• IBIT pulled in $970.9 million on Monday, its second-largest daily inflow, while competitors like Fidelity’s FBTC and ARK’s ARKB suffered major outflows.

• CME Bitcoin Futures open interest has dropped four days in a row as the annualized basis yield increases to around 8%.

• The BlackRock iShares Bitcoin (BTC) Trust ETF (IBIT) saw $970.9 million in inflows, marking its second-largest net inflow since launching in January 2024, according to Farside data.

• Monday accounted for $591.2 million in new capital, which saw heavy outflows from competitors: Fidelity’s FBTC lost $86.9 million, Bitwise’s BITB dropped $21.1 million, and ARK’s ARKB saw $226.3 million in outflows.


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The rise comes alongside a 7.2% rise in BTC over the past seven days with it now trading at $94,900.

Since April 22, IBIT has amassed over $4.5 billion in net inflows, bucking the market trend.

Industry experts have taken note. Nate Geraci, President of The ETF Store, remarked:

"Nearly $1 billion into iShares Bitcoin ETF today... Second-largest inflow since January 2024 inception. I still remember when there was 'no demand'."


PERCENTS - CoinMarketCap.com   MON 4/28/2025

VIRTUAL 156%      DEEP 146%      PENGU 131 %     BRETT 77%  

Ai16z 121 %      TURBO 119%     DOG 80 %    


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