$231.6 Million Investment Boosts BlackRock's Bitcoin ETF After Volatile Week
BlackRock's Bitcoin ETF sees significant inflows after a challenging week for Bitcoin, marking a notable recovery in investor sentiment.
After a week characterized by significant volatility, BlackRock's Bitcoin Exchange-Traded Fund (ETF) experienced a substantial inflow of $231.6 million on Friday. This marks the fund’s eleventh day of net inflows in 2026, which is particularly noteworthy given the recent turbulence in the cryptocurrency market.
The inflow comes on the heels of what has been described as the ‘second-worst’ day for Bitcoin prices, showcasing a shift in investor confidence. Despite the challenges faced last week, the renewed interest indicates that many investors remain optimistic about the future prospects of Bitcoin and related financial products.