BlackRock Bitcoin ETF Logs First $209M Inflow in Weeks, Shares Rise 3.6%
IBIT•BlackRock Bitcoin ETF recorded a $209 million net inflow on July 7, marking its first positive flows after several weeks of outflows. ETF shares jumped 3.6% on the day as investor sentiment toward spot Bitcoin exposure improved.
1. First Net Inflow in Weeks
On July 7, BlackRock Bitcoin ETF recorded a $209 million net inflow, its first positive flow after several consecutive weeks of outflows.
2. Share Reaction and Outlook
ETF shares rose 3.6% following the inflow, reflecting renewed investor demand for spot Bitcoin exposure and improved market sentiment.
